96 Sarvis Ridge RdNormandyTN37360
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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 Normandy at 96 Sarvis Ridge Rd, Normandy, TN, 37360 generates $2,485/mo in rent and, after a $1,835/mo payment, leaves $241/mo in cash flow. Total monthly income is $2,485/mo, and annual cash flow is $2,887/yr on $124,313 invested. Return on cash invested sits at 22.23% in year one, and rental yield is 7.95% on a $375,000 entry. Equity gained on principal adds $2,420/yr, while 5% annual appreciation builds toward $103,606 over five years. Five-year ROI reaches 115.04% and total cumulative return in cash sums $143,007. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,485/mo property income rather than buyer’s personal income.
Single Family
Built in 2010
23 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37360, Normandy, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 803 (100%) |
| Owner Occupied HU | 611 (76.1%) |
| Renter Occupied HU | 133 (16.6%) |
| Vacant Housing Units | 59 ( 7.3%) |
| Median Home Value | $370,863 |
| Average Home Value | $443,965 |
Housing Distribution
Address Breakdown
Residential
720
Single Family
720
Multi-Family
0
Businesses
29
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