323 Harmon RdNew TazewellTN37825
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 New Tazewell at 323 Harmon Rd, New Tazewell, TN, 37825 earns from $930/mo rent with a $8,932/mo payment. Total monthly income totals $930/mo. ROI tracks 0.09% on current figures, and rental yield reads 0.61% at a $1,825,000 purchase. Equity gained on principal adds $11,776/yr, and 5% annual appreciation supports $504,214 over five years. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $930/mo property income instead of your personal income.
Single Family
Built in 2004
7.59 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: Larry Sharp • Turn Key Realty
Mls Name: East Tennessee Realtors
Mls ID: #1321714