4119 Azalea CtMorristownTN37814
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 Morristown at 4119 Azalea Ct, Morristown, TN, 37814 earns from $4,572/mo rent with a $4,160/mo payment. Total monthly income totals $4,572/mo. ROI tracks 17.85% on current figures, and rental yield reads 6.45% at a $850,000 purchase. Equity gained on principal adds $5,485/yr, and 5% annual appreciation supports $234,839 over five years. Five-year ROI reaches 91.49% and total cumulative return in cash sums $255,850. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,572/mo property income instead of your personal income.
Single Family
Built in 1997
0.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37814, Morristown, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,714 (100%) |
| Owner Occupied HU | 9,232 (62.7%) |
| Renter Occupied HU | 4,347 (29.5%) |
| Vacant Housing Units | 1,135 ( 7.7%) |
| Median Home Value | $259,404 |
| Average Home Value | $297,696 |
Housing Distribution
Address Breakdown
Residential
14,684
Single Family
14,205
Multi-Family
479
Businesses
1,032
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Terrie Ball • RE/MAX Real Estate Ten Midtown
Mls Name: Lakeway Area AOR
Mls Provider:
Mls ID: #707791
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. The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed.