429 Dogwood Heights DrTazewellTN37879
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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
Rental property for sale in Tazewell at 429 Dogwood Heights Dr, Tazewell, TN, 37879 priced at $229,900 converts $1,320/mo rent into after a $1,125/mo obligation. Total monthly income equals $1,320/mo. Return on cash invested prints 19.03% in year one, and rental yield reads 6.89% against a $229,900 entry. Equity gained on principal adds $1,484/yr, while 5% annual appreciation compiles into $63,517 by year five. Five-year ROI reaches 97.92% and total cumulative return in cash sums $74,627. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,320/mo property income covering a $1,125/mo payment, not borrower’s personal income.
Single Family
Built in 1972
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37879, Tazewell, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,129 (100%) |
| Owner Occupied HU | 3,265 (63.7%) |
| Renter Occupied HU | 1,197 (23.3%) |
| Vacant Housing Units | 667 (13.0%) |
| Median Home Value | $183,614 |
| Average Home Value | $268,640 |
Housing Distribution
Address Breakdown
Residential
4,717
Single Family
4,642
Multi-Family
75
Businesses
320
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