4720 Highway 195SomervilleTN38068
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Somerville at 4720 Highway 195, Somerville, TN, 38068 offers a 8.31% rental yield on a $179,000 purchase with $1,240/mo rent. Total monthly income registers $1,240/mo, and a $876/mo payment leaves $169/mo available for distribution. Annual cash flow reaches $2,023/yr on $59,339 to close, and return on cash invested stands at 23.32% in year one. Equity gained on principal adds $1,155/yr while 5% annual appreciation supports $49,454 over five years. Portfolio math shows five-year ROI at 120.88% and total cumulative return in cash at $71,727. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,240/mo property income against a $876/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1966
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38068, Somerville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,966 (100%) |
| Owner Occupied HU | 3,435 (69.2%) |
| Renter Occupied HU | 1,177 (23.7%) |
| Vacant Housing Units | 354 ( 7.1%) |
| Median Home Value | $323,812 |
| Average Home Value | $405,777 |
Housing Distribution
Address Breakdown
Residential
4,667
Single Family
4,484
Multi-Family
183
Businesses
509
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Laurie A Scott • John Green & Co., REALTORS
Mls Name: MAAR
Mls ID: #10199094