8050 Old Jackson RdSomervilleTN38068
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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 8050 Old Jackson Rd, Somerville, TN, 38068 priced at $349,900 converts $2,150/mo rent into $55/mo cash flow after a $1,713/mo obligation. Total monthly income equals $2,150/mo, and annual cash flow totals $660/yr on $115,992 invested. Return on cash invested prints 20.48% in year one, and rental yield reads 7.37% against a $349,900 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation compiles into $96,671 by year five. Five-year ROI reaches 105.66% and total cumulative return in cash sums $122,562. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,150/mo property income covering a $1,713/mo payment, not borrower’s personal income.
Single Family
Built in 1980
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
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Listed by: Erin Mullen • eXp Realty, LLC
Mls Name: MAAR
Mls Provider:
Mls ID: #10184653
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