495 Carman AveNew JohnsonvilleTN37134
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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 New Johnsonville at 495 Carman Ave, New Johnsonville, TN, 37134 at $204,900 posts ROI 15.2% with from $960/mo rent. Total monthly income equals $960/mo. Return on cash invested measures 15.2% and rental yield reads 5.62% at the current $204,900. Equity gained on principal adds $1,322/yr, and 5% annual appreciation supports $56,610 by year five. Five-year ROI prints 77.36% and total cumulative return in cash totals $52,546. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $960/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1958
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37134, New Johnsonville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,284 (100%) |
| Owner Occupied HU | 975 (75.9%) |
| Renter Occupied HU | 183 (14.3%) |
| Vacant Housing Units | 126 ( 9.8%) |
| Median Home Value | $202,099 |
| Average Home Value | $254,856 |
Housing Distribution
Address Breakdown
Residential
1,227
Single Family
1,227
Multi-Family
0
Businesses
80
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Listed by: Corinne Gonzalez • Keller Williams Realty Nashville/Franklin
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #2979917