110 Rolling Oaks DrSomervilleTN38068
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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 110 Rolling Oaks Dr, Somerville, TN, 38068 uses $99,119 cash to close to unlock $3,991/yr annual cash flow and $333/mo monthly cash flow. Total monthly income runs $2,122/mo, and a $1,463/mo payment keeps the spread at $333/mo. Purchase price stands at $299,000, and rental yield measures 8.52% with $2,122/mo rent. Return on cash invested shows 23.94% in year one, and 5% annual appreciation builds toward $82,608 over five years. Five-year ROI reaches 124.18% and total cumulative return in cash records $123,082. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,122/mo property income covering a $1,463/mo payment rather than investor’s personal income.
Single Family
Built in 1963
0.37 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: Hattie D Brawley • 2 Rivers Realty, LLC
Mls Name: MAAR
Mls ID: #10208950