380 Cardwell Ridge RdNew 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 380 Cardwell Ridge Rd, New Tazewell, TN, 37825 at $314,900 posts ROI 8.93% with from $930/mo rent. Total monthly income equals $930/mo. Return on cash invested measures 8.93% and rental yield reads 3.54% at the current $314,900. Equity gained on principal adds $2,032/yr, and 5% annual appreciation supports $87,001 by year five. Five-year ROI prints 43.75% and total cumulative return in cash totals $45,670. 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 1938
1.40 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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Nearby investment properties with comparable prices
Listed by: Missy Sanders • Stephenson Realty & Auction
Mls Name: East Tennessee Realtors
Mls Provider:
Mls ID: #1291846
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Listing Information presented by local MLS brokerage: Zillow, Inc., local broker - Hendrik Van Leesten - (865) 378-5282.