152 Hemlock StMt CarmelTN37645
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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 Mt Carmel at 152 Hemlock St, Mt Carmel, TN, 37645 priced at $429,000 pairs $1,855/mo rent with after a $2,100/mo payment. Total monthly income equals $1,855/mo. Return on cash invested is 13.89% in year one, and rental yield stands at 5.19% on a $429,000 basis. Equity gained on principal adds $2,768/yr, and 5% annual appreciation accumulates to $118,525 by year five. Five-year ROI measures 70.31% and total cumulative return in cash reaches $99,985. For financing, Ziffy Mortgage’s DSCR program evaluates $1,855/mo property income against a $2,100/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1934
1.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37645, Mount Carmel, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,847 (100%) |
| Owner Occupied HU | 2,010 (70.6%) |
| Renter Occupied HU | 601 (21.1%) |
| Vacant Housing Units | 236 ( 8.3%) |
| Median Home Value | $199,814 |
| Average Home Value | $242,180 |
Housing Distribution
Address Breakdown
Residential
2,324
Single Family
2,324
Multi-Family
0
Businesses
77
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