7340 Cornuta 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 7340 Cornuta Ln, Germantown, TN, 38138 listed at $450,000 pairs $2,945/mo rent with a $2,203/mo payment to leave $251/mo cash flow. Total monthly income runs $2,945/mo, and annual cash flow reaches $3,009/yr on $149,175 cash to close. Return on cash invested measures 21.93% in year one, and rental yield registers 7.85% at a $450,000 basis. Equity gained on principal adds $2,904/yr, and annual property appreciation at 5% supports $124,327 by year five. Five-year ROI tracks 113.39% and total cumulative return in cash totals $169,146. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,945/mo property income relative to a $2,203/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1978
0.27 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: Niki Berry • BHHS McLemore & Co. Realty
Mls Name: MAAR
Mls ID: #10212938