806 Beech StElizabethtonTN37643
Nearby investment properties with comparable rents
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
Rental property for sale in Elizabethton at 806 Beech St, Elizabethton, TN, 37643 priced at $149,900 converts $1,373/mo rent into $475/mo cash flow after a $734/mo obligation. Total monthly income equals $1,373/mo, and annual cash flow totals $5,704/yr on $49,692 invested. Return on cash invested prints 31.39% in year one, and rental yield reads 10.99% against a $149,900 entry. Equity gained on principal adds $967/yr, while 5% annual appreciation compiles into $41,415 by year five. Five-year ROI reaches 164.21% and total cumulative return in cash sums $81,599. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,373/mo property income covering a $734/mo payment, not borrower’s personal income.
Single Family
Built in 1925
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37643, Elizabethton, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,445 (100%) |
| Owner Occupied HU | 10,531 (64.0%) |
| Renter Occupied HU | 4,269 (26.0%) |
| Vacant Housing Units | 1,645 (10.0%) |
| Median Home Value | $174,872 |
| Average Home Value | $218,669 |
Housing Distribution
Address Breakdown
Residential
15,600
Single Family
15,474
Multi-Family
126
Businesses
914
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jeff Mayberry • Debby Gibson Real Estate
Mls Name: TVRMLS
Mls ID: #9978178
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings displayed may not belong to the firm whose website is being visited Listing information is deemed reliable, but not guaranteed.