34 Thompson Hollow RdCarthageTN37030
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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 Carthage at 34 Thompson Hollow Rd, Carthage, TN, 37030 offers a 8.99% rental yield on a $168,250 purchase with $1,260/mo rent. Total monthly income registers $1,260/mo, and a $824/mo payment leaves $253/mo available for distribution. Annual cash flow reaches $3,040/yr on $55,775 to close, and return on cash invested stands at 25.36% in year one. Equity gained on principal adds $1,086/yr while 5% annual appreciation supports $46,484 over five years. Portfolio math shows five-year ROI at 131.87% and total cumulative return in cash at $73,548. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,260/mo property income against a $824/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1955
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37030, Carthage, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,285 (100%) |
| Owner Occupied HU | 2,054 (62.5%) |
| Renter Occupied HU | 921 (28.0%) |
| Vacant Housing Units | 310 ( 9.4%) |
| Median Home Value | $259,780 |
| Average Home Value | $288,384 |
Housing Distribution
Address Breakdown
Residential
3,140
Single Family
2,974
Multi-Family
166
Businesses
344
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