1816 New Riverdale RdGermantownTN38138
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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 Germantown at 1816 New Riverdale Rd, Germantown, TN, 38138 offers a 6.61% rental yield on a $945,000 purchase with $5,203/mo rent. 31% in year one. Equity gained on principal adds $6,098/yr while 5% annual appreciation supports $261,086 over five years. Portfolio math shows five-year ROI at 93.97% and total cumulative return in cash at $292,156. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,203/mo property income against a $4,625/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2001
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38138, Germantown, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,898 (100%) |
| Owner Occupied HU | 8,011 (73.5%) |
| Renter Occupied HU | 2,271 (20.8%) |
| Vacant Housing Units | 616 ( 5.7%) |
| Median Home Value | $442,374 |
| Average Home Value | $499,365 |
Housing Distribution
Address Breakdown
Residential
11,010
Single Family
9,218
Multi-Family
1,792
Businesses
1,076
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Listed by: Denise B West • REMAX Experts
Mls Name: MAAR
Mls ID: #10211875