Defeated Creek HwyCarthageTN37030
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 Carthage at Defeated Creek Hwy, Carthage, TN, 37030 at $109,300 posts ROI 56.86% with $1,116/mo cash flow from $1,770/mo rent. Total monthly income equals $1,770/mo, and annual cash flow records $13,388/yr on $36,233 to close. Return on cash invested measures 56.86% and rental yield reads 19.43% at the current $109,300. Equity gained on principal adds $705/yr, and 5% annual appreciation supports $30,198 by year five. Five-year ROI prints 300.74% and total cumulative return in cash totals $108,968.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,770/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1920
32.37 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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