2203 Grandbury WayGermantownTN38139
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
Investment property for sale in Germantown at 2203 Grandbury Way, Germantown, TN, 38139 offers a 8.46% rental yield on a $515,000 purchase with $3,630/mo rent. Total monthly income registers $3,630/mo, and a $2,521/mo payment leaves $547/mo available for distribution. Annual cash flow reaches $6,561/yr on $169,435 to close, and return on cash invested stands at 23.93% in year one. Equity gained on principal adds $3,323/yr while 5% annual appreciation supports $142,285 over five years. Portfolio math shows five-year ROI at 124.13% and total cumulative return in cash at $210,313. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,630/mo property income against a $2,521/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1986
0.43 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Michael A Jacques • Reid, REALTORS
Mls Name: MAAR
Mls ID: #10208027