Middle CtNew TazewellTN37825
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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
Total monthly income runs $930/mo, and a $1,072/mo payment. Purchase price stands at $219,000, and rental yield measures 5.1% with $930/mo rent. Return on cash invested shows 13.61% in year one, and 5% annual appreciation builds toward $60,506 over five years. Five-year ROI reaches 68.79% and total cumulative return in cash records $49,941. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $930/mo property income covering a $1,072/mo payment rather than investor’s personal income.
Single Family
Built in 2001
6 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37825, New Tazewell, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,613 (100%) |
| Owner Occupied HU | 2,887 (62.6%) |
| Renter Occupied HU | 1,026 (22.2%) |
| Vacant Housing Units | 700 (15.2%) |
| Median Home Value | $184,345 |
| Average Home Value | $299,781 |
Housing Distribution
Address Breakdown
Residential
4,013
Single Family
3,860
Multi-Family
153
Businesses
169
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Listed by: Steve Mason • REMAX PROFESSIONAL'S
Mls Name: East Tennessee Realtors
Mls ID: #1315683