819 Danbury StKingsportTN37665
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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
Investment property for sale in Kingsport at 819 Danbury St, Kingsport, TN, 37665 uses $59,637 cash to close to unlock $1,915/yr annual cash flow and $160/mo monthly cash flow. Total monthly income runs $1,237/mo, and a $881/mo payment keeps the spread at $160/mo. Purchase price stands at $179,900, and rental yield measures 8.25% with $1,237/mo rent. Return on cash invested shows 23.12% in year one, and 5% annual appreciation builds toward $49,703 over five years. Five-year ROI reaches 119.8% and total cumulative return in cash records $71,445. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,237/mo property income covering a $881/mo payment rather than investor’s personal income.
Manufactured
Built in 2006
0.55 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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