1536 Carpenter RdHornbeakTN38232
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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 $1,357/mo, and a $1,958/mo payment. Purchase price stands at $400,000, and rental yield measures 4.07% with $1,357/mo rent. Return on cash invested shows 10.52% in year one, and 5% annual appreciation builds toward $110,513 over five years. Five-year ROI reaches 52.24% and total cumulative return in cash records $69,268. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,357/mo property income covering a $1,958/mo payment rather than investor’s personal income.
Single Family
Built in 2005
146.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38232, Hornbeak, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,049 (100%) |
| Owner Occupied HU | 656 (62.5%) |
| Renter Occupied HU | 156 (14.9%) |
| Vacant Housing Units | 237 (22.6%) |
| Median Home Value | $173,958 |
| Average Home Value | $240,011 |
Housing Distribution
Address Breakdown
Residential
850
Single Family
850
Multi-Family
0
Businesses
38
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Listed by: David Fisher Jr. • Fisher Realty & Auction
Mls Name: CWTAR
Mls Provider:
Mls ID: #2501736
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