1721 Highland StKingsportTN37664
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Kingsport at 1721 Highland St, Kingsport, TN, 37664 at $160,000 posts ROI 26.39% with $286/mo cash flow from $1,244/mo rent. Total monthly income equals $1,244/mo, and annual cash flow records $3,436/yr on $53,040 to close. Return on cash invested measures 26.39% and rental yield reads 9.33% at the current $160,000. Equity gained on principal adds $1,032/yr, and 5% annual appreciation supports $44,205 by year five. Five-year ROI prints 137.4% and total cumulative return in cash totals $72,878.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,244/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1969
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37664, Kingsport, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,560 (100%) |
| Owner Occupied HU | 9,178 (67.7%) |
| Renter Occupied HU | 3,276 (24.2%) |
| Vacant Housing Units | 1,106 ( 8.2%) |
| Median Home Value | $297,735 |
| Average Home Value | $303,269 |
Housing Distribution
Address Breakdown
Residential
13,040
Single Family
12,715
Multi-Family
325
Businesses
678
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Listed by: Emily Thomas • Keller Williams Realty Johnson City
Mls Name: Lakeway Area AOR
Mls Provider:
Mls ID: #706916
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed.