4930 Lagrange RdSomervilleTN38068
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 4930 Lagrange Rd, Somerville, TN, 38068 at $275,000 posts ROI 21.45% with $117/mo cash flow from $1,763/mo rent. Total monthly income equals $1,763/mo, and annual cash flow records $1,401/yr on $91,163 to close. Return on cash invested measures 21.45% and rental yield reads 7.69% at the current $275,000. Equity gained on principal adds $1,775/yr, and 5% annual appreciation supports $75,977 by year five. Five-year ROI prints 110.83% and total cumulative return in cash totals $101,039.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,763/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2002
2 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
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Nearby investment properties with comparable prices
Listed by: Larry Childers • Childers Real Estate
Mls Name: MAAR
Mls Provider:
Mls ID: #10163302
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