365 Kennys Bend LnCarthageTN37030
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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 365 Kennys Bend Ln, Carthage, TN, 37030 offers a 1.57% rental yield on a $849,999 purchase with $1,110/mo rent. 99% in year one. Equity gained on principal adds $5,485/yr while 5% annual appreciation supports $234,839 over five years. Portfolio math shows five-year ROI at 11.83% and total cumulative return in cash at $33,081. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,110/mo property income against a $4,160/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2010
17.03 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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