167 Cherokee AveCamdenTN38320
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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 Camden at 167 Cherokee Ave, Camden, TN, 38320 offers a 11.37% rental yield on a $147,500 purchase with $1,398/mo rent. Total monthly income registers $1,398/mo, and a $722/mo payment leaves $515/mo available for distribution. Annual cash flow reaches $6,180/yr on $48,896 to close, and return on cash invested stands at 32.55% in year one. Equity gained on principal adds $952/yr while 5% annual appreciation supports $40,752 over five years. Portfolio math shows five-year ROI at 170.35% and total cumulative return in cash at $83,293. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,398/mo property income against a $722/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1941
0.84 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38320, Camden, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,193 (100%) |
| Owner Occupied HU | 3,246 (62.5%) |
| Renter Occupied HU | 1,148 (22.1%) |
| Vacant Housing Units | 799 (15.4%) |
| Median Home Value | $161,605 |
| Average Home Value | $236,245 |
Housing Distribution
Address Breakdown
Residential
4,852
Single Family
4,775
Multi-Family
77
Businesses
477
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