2496 Siam RdElizabethtonTN37643
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 Elizabethton at 2496 Siam Rd, Elizabethton, TN, 37643 offers a 9.59% rental yield on a $409,900 purchase with $3,276/mo rent. Total monthly income registers $3,276/mo, and a $2,006/mo payment leaves $823/mo available for distribution. Annual cash flow reaches $9,870/yr on $135,882 to close, and return on cash invested stands at 27.17% in year one. Equity gained on principal adds $2,645/yr while 5% annual appreciation supports $113,248 over five years. Portfolio math shows five-year ROI at 141.53% and total cumulative return in cash at $192,316. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,276/mo property income against a $2,006/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
1.41 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ralph Harvey • List with Freedom
Mls Name: TVRMLS
Mls ID: #9986998