2440 Mount Carmel RdMosheimTN37818
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Mosheim at 2440 Mount Carmel Rd, Mosheim, TN, 37818 uses $58,013 cash to close to unlock $3,180/yr annual cash flow and $265/mo monthly cash flow. Total monthly income runs $1,313/mo, and a $857/mo payment keeps the spread at $265/mo. Purchase price stands at $175,000, and rental yield measures 9% with $1,313/mo rent. Return on cash invested shows 25.39% in year one, and 5% annual appreciation builds toward $48,349 over five years. Five-year ROI reaches 131.98% and total cumulative return in cash records $76,567. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,313/mo property income covering a $857/mo payment rather than investor’s personal income.
Single Family
Built in 1900
6.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37818, Mosheim, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,399 (100%) |
| Owner Occupied HU | 1,716 (71.5%) |
| Renter Occupied HU | 450 (18.8%) |
| Vacant Housing Units | 233 ( 9.7%) |
| Median Home Value | $206,075 |
| Average Home Value | $247,175 |
Housing Distribution
Address Breakdown
Residential
2,245
Single Family
2,245
Multi-Family
0
Businesses
111
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices