190 Mayfield 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
Rental property for sale in Elizabethton at 190 Mayfield Dr, Elizabethton, TN, 37643 generates $2,480/mo in rent and, after a $1,505/mo payment, leaves $639/mo in cash flow. Total monthly income is $2,480/mo, and annual cash flow is $7,672/yr on $101,936 invested. Return on cash invested sits at 27.43% in year one, and rental yield is 9.68% on a $307,500 entry. Equity gained on principal adds $1,984/yr, while 5% annual appreciation builds toward $84,957 over five years. Five-year ROI reaches 142.97% and total cumulative return in cash sums $145,743. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,480/mo property income rather than buyer’s personal income.
Single Family
Built in 1986
0.52 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: David Collins • Collins & Co. Realtors & Auctioneers
Mls Name: TVRMLS
Mls ID: #9981848
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