3648 Romano Way EGermantownTN38138
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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 3648 Romano Way E, Germantown, TN, 38138 uses $223,687 cash to close to unlock $4,809/yr annual cash flow and $401/mo monthly cash flow. Total monthly income runs $4,471/mo, and a $3,328/mo payment keeps the spread at $401/mo. Purchase price stands at $679,900, and rental yield measures 7.89% with $4,471/mo rent. Return on cash invested shows 22.21% in year one, and 5% annual appreciation builds toward $187,844 over five years. Five-year ROI reaches 114.88% and total cumulative return in cash records $256,961. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,471/mo property income covering a $3,328/mo payment rather than investor’s personal income.
Single Family
Built in 2014
0.34 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: Tammy Davis • Coldwell Banker Collins-Maury
Mls Name: MAAR
Mls ID: #10204382