790 Watauga RdWataugaTN37694
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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 Watauga at 790 Watauga Rd, Watauga, TN, 37694 generates $3,001/mo in rent and, after a $2,202/mo payment, leaves $308/mo in cash flow. Total monthly income is $3,001/mo, and annual cash flow is $3,694/yr on $149,142 invested. Return on cash invested sits at 22.39% in year one, and rental yield is 8% on a $449,900 entry. Equity gained on principal adds $2,903/yr, while 5% annual appreciation builds toward $124,299 over five years. Five-year ROI reaches 115.85% and total cumulative return in cash sums $172,786. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,001/mo property income rather than buyer’s personal income.
Single Family
Built in 1988
1.22 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37694, Watauga, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 726 (100%) |
| Owner Occupied HU | 520 (71.6%) |
| Renter Occupied HU | 128 (17.6%) |
| Vacant Housing Units | 78 (10.7%) |
| Median Home Value | $195,192 |
| Average Home Value | $253,438 |
Housing Distribution
Address Breakdown
Residential
749
Single Family
749
Multi-Family
0
Businesses
30
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Listed by: Sara Banks • Property Executives Johnson City
Mls Name: TVRMLS
Mls ID: #9978431
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