1507 Candlelit CvMount JulietTN37122
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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 $3,492/mo, and a $7,758/mo payment. Purchase price stands at $1,585,000, and rental yield measures 2.64% with $3,492/mo rent. Return on cash invested shows 6.36% in year one, and 5% annual appreciation builds toward $437,906 over five years. Five-year ROI reaches 29.8% and total cumulative return in cash records $153,058. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,492/mo property income covering a $7,758/mo payment rather than investor’s personal income.
Single Family
Built in 2006
0.96 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37122, Mount Juliet, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,975 (100%) |
| Owner Occupied HU | 21,001 (75.1%) |
| Renter Occupied HU | 5,885 (21.0%) |
| Vacant Housing Units | 1,089 ( 3.9%) |
| Median Home Value | $483,144 |
| Average Home Value | $527,082 |
Housing Distribution
Address Breakdown
Residential
27,302
Single Family
25,895
Multi-Family
1,407
Businesses
1,252
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Listed by: Melonie Rich • Benchmark Realty, LLC
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #3035514