144 Derby StCamdenTN38320
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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 Camden at 144 Derby St, Camden, TN, 38320 priced at $200,000 converts $1,432/mo rent into $235/mo cash flow after a $979/mo obligation. Total monthly income equals $1,432/mo, and annual cash flow totals $2,816/yr on $66,300 invested. Return on cash invested prints 24.16% in year one, and rental yield reads 8.59% against a $200,000 entry. Equity gained on principal adds $1,291/yr, while 5% annual appreciation compiles into $55,256 by year five. Five-year ROI reaches 125.37% and total cumulative return in cash sums $83,120. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,432/mo property income covering a $979/mo payment, not borrower’s personal income.
Single Family
Built in 1955
0.97 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38320, Camden, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,193 (100%) |
| Owner Occupied HU | 3,246 (62.5%) |
| Renter Occupied HU | 1,148 (22.1%) |
| Vacant Housing Units | 799 (15.4%) |
| Median Home Value | $161,605 |
| Average Home Value | $236,245 |
Housing Distribution
Address Breakdown
Residential
4,852
Single Family
4,775
Multi-Family
77
Businesses
477
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