2010 Newfields RdGermantownTN38139
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Germantown at 2010 Newfields Rd, Germantown, TN, 38139 priced at $417,000 converts $2,682/mo rent into $72/mo cash flow after a $2,041/mo obligation. Total monthly income equals $2,682/mo, and annual cash flow totals $866/yr on $138,236 invested. Return on cash invested prints 20.54% in year one, and rental yield reads 7.72% against a $417,000 entry. Equity gained on principal adds $2,691/yr, while 5% annual appreciation compiles into $115,209 by year five. Five-year ROI reaches 106.32% and total cumulative return in cash sums $146,977. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,682/mo property income covering a $2,041/mo payment, not borrower’s personal income.
Single Family
Built in 1983
0.34 Acres 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: Lindsay Jenkins • Real Estate Agency
Mls Name: MAAR
Mls Provider:
Mls ID: #10196777
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