155 Thomas StSavannahTN38372
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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
Rental property for sale in Savannah at 155 Thomas St, Savannah, TN, 38372 priced at $144,900 converts $480/mo rent into after a $709/mo obligation. Total monthly income equals $480/mo. Return on cash invested prints 10.24% in year one, and rental yield reads 3.98% against a $144,900 entry. Equity gained on principal adds $935/yr, while 5% annual appreciation compiles into $40,033 by year five. Five-year ROI reaches 50.72% and total cumulative return in cash sums $24,361. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $480/mo property income covering a $709/mo payment, not borrower’s personal income.
Single Family
Built in 1946
0.37 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: Jessica Asberry • EXIT Realty Blues City
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #2889736
Disclaimer: Based on information submitted to the MLS GRID as of 2025-05-22 07:27:51 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#99)