3232 Caddis LnGermantownTN38138
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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 Germantown at 3232 Caddis Ln, Germantown, TN, 38138 earns from $3,448/mo rent with a $8,076/mo payment. Total monthly income totals $3,448/mo. ROI tracks 5.94% on current figures, and rental yield reads 2.51% at a $1,650,000 purchase. Equity gained on principal adds $10,647/yr, and 5% annual appreciation supports $455,865 over five years. Five-year ROI reaches 27.55% and total cumulative return in cash sums $147,305. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,448/mo property income instead of your personal income.
Single Family
Built in 2024
0.45 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: Shannan C McWaters • The Firm
Mls Name: MAAR
Mls ID: #10208491