218 Adair DrNew TazewellTN37825
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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 New Tazewell at 218 Adair Dr, New Tazewell, TN, 37825 at $299,000 posts ROI 9.5% with from $930/mo rent. Total monthly income equals $930/mo. Return on cash invested measures 9.5% and rental yield reads 3.73% at the current $299,000. Equity gained on principal adds $1,929/yr, and 5% annual appreciation supports $82,608 by year five. Five-year ROI prints 46.79% and total cumulative return in cash totals $46,378. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $930/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1996
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37825, New Tazewell, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,613 (100%) |
| Owner Occupied HU | 2,887 (62.6%) |
| Renter Occupied HU | 1,026 (22.2%) |
| Vacant Housing Units | 700 (15.2%) |
| Median Home Value | $184,345 |
| Average Home Value | $299,781 |
Housing Distribution
Address Breakdown
Residential
4,013
Single Family
3,860
Multi-Family
153
Businesses
169
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Listed by: Jennifer Nunn • Ball Realty & Auction, Inc.
Mls Name: East Tennessee Realtors
Mls ID: #1309829