2390 Lennox DrGermantownTN38138
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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 2390 Lennox Dr, Germantown, TN, 38138 generates $4,718/mo in rent, after a $5,477/mo payment. Total monthly income is $4,718/mo. Return on cash invested sits at 13.81% in year one, and rental yield is 5.06% on a $1,119,000 entry. Equity gained on principal adds $7,221/yr, while 5% annual appreciation builds toward $309,159 over five years. Five-year ROI reaches 69.79% and total cumulative return in cash sums $253,041. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,718/mo property income rather than buyer’s personal income.
Single Family
Built in 2000
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38138, Germantown, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,898 (100%) |
| Owner Occupied HU | 8,011 (73.5%) |
| Renter Occupied HU | 2,271 (20.8%) |
| Vacant Housing Units | 616 ( 5.7%) |
| Median Home Value | $442,374 |
| Average Home Value | $499,365 |
Housing Distribution
Address Breakdown
Residential
11,010
Single Family
9,218
Multi-Family
1,792
Businesses
1,076
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Listed by: CM Collins • COMMUNITY FSBO
Mls Name: MAAR
Mls ID: #10206792