263 Slaughter StKingsportTN37664
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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 Kingsport at 263 Slaughter St, Kingsport, TN, 37664 at $289,000 posts ROI 29.8% with $790/mo cash flow from $2,520/mo rent. Total monthly income equals $2,520/mo, and annual cash flow records $9,474/yr on $95,804 to close. Return on cash invested measures 29.8% and rental yield reads 10.46% at the current $289,000. Equity gained on principal adds $1,865/yr, and 5% annual appreciation supports $79,845 by year five. Five-year ROI prints 155.62% and total cumulative return in cash totals $149,090.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,520/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1985
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37664, Kingsport, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,560 (100%) |
| Owner Occupied HU | 9,178 (67.7%) |
| Renter Occupied HU | 3,276 (24.2%) |
| Vacant Housing Units | 1,106 ( 8.2%) |
| Median Home Value | $297,735 |
| Average Home Value | $303,269 |
Housing Distribution
Address Breakdown
Residential
13,040
Single Family
12,715
Multi-Family
325
Businesses
678
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