17 Azalea 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
Rental property for sale in Somerville at 17 Azalea Dr, Somerville, TN, 38068 priced at $323,990 pairs $2,550/mo rent with $610/mo cash flow after a $1,586/mo payment. Total monthly income equals $2,550/mo, and annual cash flow comes to $7,324/yr on $107,403 invested. Return on cash invested is 26.73% in year one, and rental yield stands at 9.44% on a $323,990 basis. Equity gained on principal adds $2,091/yr, and 5% annual appreciation accumulates to $89,512 by year five. Five-year ROI measures 139.17% and total cumulative return in cash reaches $149,468. For financing, Ziffy Mortgage’s DSCR program evaluates $2,550/mo property income against a $1,586/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2026
0.61 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: Michelle Reynolds • D R Horton Memphis
Mls Name: MAAR
Mls ID: #10211924