6759 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 6759 Mount Carmel Rd, Decaturville, TN, 38329 offers a 7.43% rental yield on a $250,000 purchase with $1,548/mo rent. Total monthly income registers $1,548/mo, and a $1,224/mo payment leaves $51/mo available for distribution. Annual cash flow reaches $613/yr on $82,875 to close, and return on cash invested stands at 20.65% in year one. Equity gained on principal adds $1,613/yr while 5% annual appreciation supports $69,070 over five years. Portfolio math shows five-year ROI at 106.58% and total cumulative return in cash at $88,330. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,548/mo property income against a $1,224/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1956
7.10 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Anne Spence-McGee • CRYE*LEIKE Tapestry Realty
Mls Name: CWTAR
Mls Provider:
Mls ID: #2502794
Disclaimer: Some or all of the listings displayed may not belong to the firm whose website is being visited. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.