245 Drake LoopSavannahTN38372
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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 Savannah at 245 Drake Loop, Savannah, TN, 38372 with 5% annual appreciation on a $179,900 basis while $480/mo rent supports operations. 89% in year one. Equity gained on principal adds $1,161/yr, and five-year appreciation sums $49,703 alongside rental yield of 3.2%. Five-year ROI measures 38.15% and total cumulative return in cash totals $22,749. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $480/mo property income versus a $881/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2004
0.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38372, Savannah, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,254 (100%) |
| Owner Occupied HU | 5,408 (58.4%) |
| Renter Occupied HU | 2,164 (23.4%) |
| Vacant Housing Units | 1,682 (18.2%) |
| Median Home Value | $184,238 |
| Average Home Value | $215,183 |
Housing Distribution
Address Breakdown
Residential
7,996
Single Family
7,764
Multi-Family
232
Businesses
749
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