3643 Mount Carmel RdDecaturvilleTN38329
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 Decaturville at 3643 Mount Carmel Rd, Decaturville, TN, 38329 listed at $750,000 pairs $1,961/mo rent with a $3,671/mo payment. Total monthly income runs $1,961/mo. Return on cash invested measures 7.76% in year one, and rental yield registers 3.14% at a $750,000 basis. Equity gained on principal adds $4,840/yr, and annual property appreciation at 5% supports $207,211 by year five. Five-year ROI tracks 37.42% and total cumulative return in cash totals $92,322. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,961/mo property income relative to a $3,671/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2002
3.86 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38329, Decaturville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,042 (100%) |
| Owner Occupied HU | 1,148 (56.2%) |
| Renter Occupied HU | 291 (14.3%) |
| Vacant Housing Units | 603 (29.5%) |
| Median Home Value | $188,372 |
| Average Home Value | $253,158 |
Housing Distribution
Address Breakdown
Residential
1,484
Single Family
1,484
Multi-Family
0
Businesses
142
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Listed by: Bob Ethier • RE/MAX Unlimited
Mls Name: CWTAR
Mls ID: #2505234