150 Garrard LnSavannahTN38372
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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 Savannah at 150 Garrard Ln, Savannah, TN, 38372 listed at $249,000 pairs $1,274/mo rent with a $1,219/mo payment. Total monthly income runs $1,274/mo. Return on cash invested measures 16.76% in year one, and rental yield registers 6.14% at a $249,000 basis. Equity gained on principal adds $1,607/yr, and annual property appreciation at 5% supports $68,794 by year five. Five-year ROI tracks 85.74% and total cumulative return in cash totals $70,772. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,274/mo property income relative to a $1,219/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1997
8 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38372, Savannah, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,254 (100%) |
| Owner Occupied HU | 5,408 (58.4%) |
| Renter Occupied HU | 2,164 (23.4%) |
| Vacant Housing Units | 1,682 (18.2%) |
| Median Home Value | $184,238 |
| Average Home Value | $215,183 |
Housing Distribution
Address Breakdown
Residential
7,996
Single Family
7,764
Multi-Family
232
Businesses
749
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Listed by: Chris Pyron • UC River City Realty
Mls Name: MAAR
Mls Provider:
Mls ID: #10183137
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