2292 Glenbar DrGermantownTN38139
Nearby investment properties with comparable rents
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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
Rental property for sale in Germantown at 2292 Glenbar Dr, Germantown, TN, 38139 generates $4,666/mo in rent and, after a $3,096/mo payment, leaves $880/mo in cash flow. Total monthly income is $4,666/mo, and annual cash flow is $10,554/yr on $208,093 invested. Return on cash invested sits at 25.13% in year one, and rental yield is 8.85% on a $632,500 entry. Equity gained on principal adds $4,081/yr, while 5% annual appreciation builds toward $174,748 over five years. Five-year ROI reaches 130.55% and total cumulative return in cash sums $271,659. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,666/mo property income rather than buyer’s personal income.
Single Family
Built in 1984
0.40 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: Laura Clark • Coldwell Banker Collins-Maury
Mls Name: MAAR
Mls ID: #10208943