976 Lynn Garden DrKingsportTN37665
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 976 Lynn Garden Dr, Kingsport, TN, 37665 in Kingsport. At $147,000 it earns $1,172/mo in rent and distributes $292/mo to the owner after the $661/mo payment, a consistent 9.57% yield. DSCR 1.77 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $40,613 in value; $1,354/yr in principal paydown compounds ownership stake. Total projected return: $74,419.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.6% | 6.0% |
| Monthly Cash Flow | $292 | $1,200 |
City averages based on Kingsport market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,172 |
| Total Monthly Debt Service | $821 |
| DSCR Ratio | 1.43x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1928
0.29 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
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
Single Family
Built in 1928
0.29 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices