609 Riverside RdTazewellTN37879
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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 Tazewell at 609 Riverside Rd, Tazewell, TN, 37879 at $243,000 posts ROI 22.99% with $207/mo cash flow from $1,661/mo rent. Total monthly income equals $1,661/mo, and annual cash flow records $2,481/yr on $80,555 to close. Return on cash invested measures 22.99% and rental yield reads 8.2% at the current $243,000. Equity gained on principal adds $1,568/yr, and 5% annual appreciation supports $67,136 by year five. Five-year ROI prints 119.09% and total cumulative return in cash totals $95,936.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,661/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 2001
2 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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