4044 Lakewood DrKingsportTN37663
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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 Kingsport at 4044 Lakewood Dr, Kingsport, TN, 37663 with 5% annual appreciation on a $1,050,000 basis while $4,546/mo rent supports operations. 23% in year one. Equity gained on principal adds $6,775/yr, and five-year appreciation sums $290,096 alongside rental yield of 5.2%. Five-year ROI measures 72.04% and total cumulative return in cash totals $245,093. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,546/mo property income versus a $5,139/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1987
1.95 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37663, Kingsport, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,863 (100%) |
| Owner Occupied HU | 5,358 (78.1%) |
| Renter Occupied HU | 1,125 (16.4%) |
| Vacant Housing Units | 380 ( 5.5%) |
| Median Home Value | $297,832 |
| Average Home Value | $339,189 |
Housing Distribution
Address Breakdown
Residential
6,452
Single Family
6,452
Multi-Family
0
Businesses
450
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Listed by: Brittany Reed • Selling Stateline Real Estate Group
Mls Name: TVRMLS
Mls ID: #9979289
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