238 Ware LnGeorgetownTN37336
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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 Georgetown at 238 Ware Ln, Georgetown, TN, 37336 offers $2,224/mo rent that, after a $1,542/mo payment, leaves $338/mo cash flow. Total monthly income is $2,224/mo, and annual cash flow is $4,057/yr on $104,423 cash. Return on cash invested measures 23.79% in year one, and rental yield stands at 8.47% at a $315,000 entry. Equity gained on principal adds $2,033/yr while 5% annual appreciation compounds into $87,029 by year five. Five-year ROI records 123.45% and total cumulative return in cash reaches $128,909. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,224/mo property income versus a $1,542/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2019
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37336, Georgetown, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,103 (100%) |
| Owner Occupied HU | 1,685 (80.1%) |
| Renter Occupied HU | 245 (11.7%) |
| Vacant Housing Units | 173 ( 8.2%) |
| Median Home Value | $339,929 |
| Average Home Value | $356,318 |
Housing Distribution
Address Breakdown
Residential
1,927
Single Family
1,927
Multi-Family
0
Businesses
74
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Listed by: Tara Tolbert • Keller Williams Realty-Kingston Pk
Mls Name: RCAR
Mls ID: #20255827