1514 Cardinal LnMount 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
Investment property for sale in Mount Juliet at 1514 Cardinal Ln, Mount Juliet, TN, 37122 uses $162,866 cash to close to unlock $152/yr annual cash flow and $13/mo monthly cash flow. Total monthly income runs $2,984/mo, and a $2,405/mo payment keeps the spread at $13/mo. Purchase price stands at $491,300, and rental yield measures 7.29% with $2,984/mo rent. Return on cash invested shows 20% in year one, and 5% annual appreciation builds toward $135,737 over five years. Five-year ROI reaches 103.15% and total cumulative return in cash records $168,000. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,984/mo property income covering a $2,405/mo payment rather than investor’s personal income.
Single Family
Built in 2002
1 Acres lot
$N/A/sqft
$30 monthly 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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