5015 Fairgrounds PlKingstonTN37763
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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 Kingston at 5015 Fairgrounds Pl, Kingston, TN, 37763 generates $2,400/mo in rent and, after a $1,850/mo payment, leaves $137/mo in cash flow. Total monthly income is $2,400/mo, and annual cash flow is $1,648/yr on $125,307 invested. Return on cash invested sits at 21.22% in year one, and rental yield is 7.62% on a $377,999 entry. Equity gained on principal adds $2,439/yr, while 5% annual appreciation builds toward $104,434 over five years. Five-year ROI reaches 109.65% and total cumulative return in cash sums $137,396. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,400/mo property income rather than buyer’s personal income.
Single Family
Built in 2005
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37763, Kingston, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,563 (100%) |
| Owner Occupied HU | 5,576 (73.7%) |
| Renter Occupied HU | 1,345 (17.8%) |
| Vacant Housing Units | 642 ( 8.5%) |
| Median Home Value | $275,986 |
| Average Home Value | $335,825 |
Housing Distribution
Address Breakdown
Residential
7,127
Single Family
7,083
Multi-Family
44
Businesses
486
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