717 Midfield AveKingsportTN37665
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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 Kingsport at 717 Midfield Ave, Kingsport, TN, 37665 at $225,000 posts ROI 22.68% with $172/mo cash flow from $1,519/mo rent. Total monthly income equals $1,519/mo, and annual cash flow records $2,068/yr on $74,588 to close. Return on cash invested measures 22.68% and rental yield reads 8.1% at the current $225,000. Equity gained on principal adds $1,452/yr, and 5% annual appreciation supports $62,163 by year five. Five-year ROI prints 117.47% and total cumulative return in cash totals $87,621.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,519/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1957
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37665, Kingsport, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,381 (100%) |
| Owner Occupied HU | 1,376 (57.8%) |
| Renter Occupied HU | 729 (30.6%) |
| Vacant Housing Units | 276 (11.6%) |
| Median Home Value | $140,805 |
| Average Home Value | $186,842 |
Housing Distribution
Address Breakdown
Residential
2,438
Single Family
2,403
Multi-Family
35
Businesses
79
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