615 Asbury DrSomervilleTN38068
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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 Somerville at 615 Asbury Dr, Somerville, TN, 38068 offers $3,404/mo rent that, after a $3,937/mo payment. Total monthly income is $3,404/mo. Return on cash invested measures 13.66% in year one, and rental yield stands at 5.08% at a $804,300 entry. Equity gained on principal adds $5,190/yr while 5% annual appreciation compounds into $222,213 by year five. Five-year ROI records 69.03% and total cumulative return in cash reaches $182,654. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,404/mo property income versus a $3,937/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1997
8 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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Listed by: N/A • N/A
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