300 Patterson RdSavannahTN38372
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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 Savannah at 300 Patterson Rd, Savannah, TN, 38372 generates $1,934/mo in rent and, after a $1,052/mo payment, leaves $647/mo in cash flow. Total monthly income is $1,934/mo, and annual cash flow is $7,769/yr on $71,239 invested. Return on cash invested sits at 30.81% in year one, and rental yield is 10.8% on a $214,900 entry. Equity gained on principal adds $1,387/yr, while 5% annual appreciation builds toward $59,373 over five years. Five-year ROI reaches 161.09% and total cumulative return in cash sums $114,762. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,934/mo property income rather than buyer’s personal income.
Single Family
Built in 1945
0.39 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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