1937 Rye Rd #24GermantownTN38139
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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 1937 Rye Rd #24, Germantown, TN, 38139 earns $308/mo cash flow from $1,919/mo rent with a $1,317/mo payment. Total monthly income totals $1,919/mo, and annual cash flow totals $3,700/yr on $89,174 capital. ROI tracks 24.06% on current figures, and rental yield reads 8.56% at a $269,000 purchase. Equity gained on principal adds $1,736/yr, and 5% annual appreciation supports $74,320 over five years. Five-year ROI reaches 124.87% and total cumulative return in cash sums $111,347. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,919/mo property income instead of your personal income.
Townhouse
Built in 1976
1,742 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38139, Germantown, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,838 (100%) |
| Owner Occupied HU | 5,569 (95.4%) |
| Renter Occupied HU | 175 ( 3.0%) |
| Vacant Housing Units | 94 ( 1.6%) |
| Median Home Value | $537,265 |
| Average Home Value | $578,316 |
Housing Distribution
Address Breakdown
Residential
5,934
Single Family
5,934
Multi-Family
0
Businesses
99
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Listed by: Kim Harper • Groome & Co.
Mls Name: MAAR
Mls ID: #10201874