212 Alania CtElizabethtonTN37643
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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 212 Alania Ct, Elizabethton, TN, 37643 priced at $394,900 converts $2,674/mo rent into $310/mo cash flow after a $1,933/mo obligation. Total monthly income equals $2,674/mo, and annual cash flow totals $3,719/yr on $130,909 invested. Return on cash invested prints 22.75% in year one, and rental yield reads 8.13% against a $394,900 entry. Equity gained on principal adds $2,548/yr, while 5% annual appreciation compiles into $109,104 by year five. Five-year ROI reaches 117.8% and total cumulative return in cash sums $154,211. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,674/mo property income covering a $1,933/mo payment, not borrower’s personal income.
Single Family
Built in 2012
0.49 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: Julia Wenzell • REMAX Checkmate, Inc. Realtors
Mls Name: TVRMLS
Mls ID: #9987290