432 Dogwood StMount CarmelTN37645
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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 Mount Carmel at 432 Dogwood St, Mount Carmel, TN, 37645 earns $186/mo cash flow from $1,791/mo rent with a $1,312/mo payment. Total monthly income totals $1,791/mo, and annual cash flow totals $2,237/yr on $88,842 capital. ROI tracks 22.43% on current figures, and rental yield reads 8.02% at a $268,000 purchase. Equity gained on principal adds $1,729/yr, and 5% annual appreciation supports $74,043 over five years. Five-year ROI reaches 116.12% and total cumulative return in cash sums $103,161. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,791/mo property income instead of your personal income.
Single Family
Built in 1960
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37645, Mount Carmel, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,847 (100%) |
| Owner Occupied HU | 2,010 (70.6%) |
| Renter Occupied HU | 601 (21.1%) |
| Vacant Housing Units | 236 ( 8.3%) |
| Median Home Value | $199,814 |
| Average Home Value | $242,180 |
Housing Distribution
Address Breakdown
Residential
2,324
Single Family
2,324
Multi-Family
0
Businesses
77
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Listed by: Jessica Lovell • Century 21 Legacy
Mls Name: TVRMLS
Mls ID: #9988067