100 Rich RdSomervilleTN38068
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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 Somerville at 100 Rich Rd, Somerville, TN, 38068 earns $455/mo cash flow from $1,712/mo rent with a $1,028/mo payment. Total monthly income totals $1,712/mo, and annual cash flow totals $5,457/yr on $69,615 capital. ROI tracks 27.75% on current figures, and rental yield reads 9.78% at a $210,000 purchase. Equity gained on principal adds $1,355/yr, and 5% annual appreciation supports $58,019 over five years. Five-year ROI reaches 144.63% and total cumulative return in cash sums $100,684. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,712/mo property income instead of your personal income.
Single Family
Built in 2020
2.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38068, Somerville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,966 (100%) |
| Owner Occupied HU | 3,435 (69.2%) |
| Renter Occupied HU | 1,177 (23.7%) |
| Vacant Housing Units | 354 ( 7.1%) |
| Median Home Value | $323,812 |
| Average Home Value | $405,777 |
Housing Distribution
Address Breakdown
Residential
4,667
Single Family
4,484
Multi-Family
183
Businesses
509
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Listed by: Jeffrey W Britt • REMAX Experts
Mls Name: MAAR
Mls ID: #10211873