2129 Gorham PlGermantownTN38139
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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 2129 Gorham Pl, Germantown, TN, 38139 offers a 7.93% rental yield on a $703,000 purchase with $4,648/mo rent. Total monthly income registers $4,648/mo, and a $3,441/mo payment leaves $440/mo available for distribution. Annual cash flow reaches $5,275/yr on $231,287 to close, and return on cash invested stands at 22.34% in year one. Equity gained on principal adds $4,536/yr while 5% annual appreciation supports $194,226 over five years. Portfolio math shows five-year ROI at 115.59% and total cumulative return in cash at $267,334. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,648/mo property income against a $3,441/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1976
0.37 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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