177 Aviation DrElizabethtonTN37643
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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 Elizabethton at 177 Aviation Dr, Elizabethton, TN, 37643 listed at $359,900 pairs $2,652/mo rent with a $1,762/mo payment to leave $497/mo cash flow. Total monthly income runs $2,652/mo, and annual cash flow reaches $5,965/yr on $119,307 cash to close. Return on cash invested measures 24.91% in year one, and rental yield registers 8.84% at a $359,900 basis. Equity gained on principal adds $2,322/yr, and annual property appreciation at 5% supports $99,434 by year five. Five-year ROI tracks 129.42% and total cumulative return in cash totals $154,406. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,652/mo property income relative to a $1,762/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1984
0.71 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37643, Elizabethton, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,445 (100%) |
| Owner Occupied HU | 10,531 (64.0%) |
| Renter Occupied HU | 4,269 (26.0%) |
| Vacant Housing Units | 1,645 (10.0%) |
| Median Home Value | $174,872 |
| Average Home Value | $218,669 |
Housing Distribution
Address Breakdown
Residential
15,600
Single Family
15,474
Multi-Family
126
Businesses
914
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Listed by: Andrea Pendleton • The Addington Agency Bristol
Mls Name: TVRMLS
Mls ID: #9981896