567 Cox Hollow RdKingsportTN37663
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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 567 Cox Hollow Rd, Kingsport, TN, 37663 listed at $309,900 pairs $2,322/mo rent with a $1,517/mo payment to leave $467/mo cash flow. Total monthly income runs $2,322/mo, and annual cash flow reaches $5,600/yr on $102,732 cash to close. Return on cash invested measures 25.36% in year one, and rental yield registers 8.99% at a $309,900 basis. Equity gained on principal adds $2,000/yr, and annual property appreciation at 5% supports $85,620 by year five. Five-year ROI tracks 131.81% and total cumulative return in cash totals $135,408. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,322/mo property income relative to a $1,517/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2023
4,791 sqft 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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