3371 Mount Carmel RdCamdenTN38320
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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 3371 Mount Carmel Rd, Camden, TN, 38320 offers a 6.9% rental yield on a $232,000 purchase with $1,334/mo rent. 05% in year one. Equity gained on principal adds $1,497/yr while 5% annual appreciation supports $64,097 over five years. Portfolio math shows five-year ROI at 97.97% and total cumulative return in cash at $75,347. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,334/mo property income against a $1,136/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2010
27.77 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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Listed by: Will McKee • Coldwell Banker McKee Realty
Mls Name: CWTAR
Mls Provider:
Mls ID: #2502594
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