170 Cedar Hill CvSomervilleTN38068
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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 170 Cedar Hill Cv, Somerville, TN, 38068 generates $2,723/mo in rent, after a $2,740/mo payment. Total monthly income is $2,723/mo. Return on cash invested sits at 15.97% in year one, and rental yield is 5.84% on a $559,900 entry. Equity gained on principal adds $3,613/yr, while 5% annual appreciation builds toward $154,690 over five years. Five-year ROI reaches 81.4% and total cumulative return in cash sums $149,950. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,723/mo property income rather than buyer’s personal income.
Single Family
Built in 2017
1.02 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: Justin Wilburn • Fayette Realty, LLC
Mls Name: MAAR
Mls ID: #10205098