164 Birch StMount 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 Mount Carmel at 164 Birch St, Mount Carmel, TN, 37645 generates $1,306/mo in rent and, after a $636/mo payment, leaves $528/mo in cash flow. Total monthly income is $1,306/mo, and annual cash flow is $6,338/yr on $43,062 invested. Return on cash invested sits at 34.63% in year one, and rental yield is 12.06% on a $129,900 entry. Equity gained on principal adds $838/yr, while 5% annual appreciation builds toward $35,889 over five years. Five-year ROI reaches 181.63% and total cumulative return in cash sums $78,211. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,306/mo property income rather than buyer’s personal income.
Single Family
Built in 1955
N/A 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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Listed by: Frank Marsh • KW Kingsport
Mls Name: TVRMLS
Mls ID: #9987932