700 Elaine LnTazewellTN37879
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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 700 Elaine Ln, Tazewell, TN, 37879 priced at $225,000 converts $1,813/mo rent into $466/mo cash flow after a $1,101/mo obligation. Total monthly income equals $1,813/mo, and annual cash flow totals $5,596/yr on $74,588 invested. Return on cash invested prints 27.41% in year one, and rental yield reads 9.67% against a $225,000 entry. Equity gained on principal adds $1,452/yr, while 5% annual appreciation compiles into $62,163 by year five. Five-year ROI reaches 142.83% and total cumulative return in cash sums $106,533. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,813/mo property income covering a $1,101/mo payment, not borrower’s personal income.
Manufactured
Built in 2021
0.52 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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