Dover Plan, Hedge RoseSomervilleTN38068
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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 Somerville at Dover Plan, Hedge Rose, Somerville, TN, 38068 listed at $343,990 pairs $2,616/mo rent with a $1,684/mo payment to leave $556/mo cash flow. Total monthly income runs $2,616/mo, and annual cash flow reaches $6,678/yr on $114,033 cash to close. Return on cash invested measures 25.76% in year one, and rental yield registers 9.13% at a $343,990 basis. Equity gained on principal adds $2,220/yr, and annual property appreciation at 5% supports $95,038 by year five. Five-year ROI tracks 133.99% and total cumulative return in cash totals $152,795. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,616/mo property income relative to a $1,684/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2024
N/A 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: Michelle Reynolds • D.R. Horton - Memphis
Mls Name: DR Horton
Mls Provider:
Mls ID: #N/A