SOMERVILLE Plan, OrrinshireFairviewTN37062
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Fairview at SOMERVILLE Plan, Orrinshire, Fairview, TN, 37062 offers $2,688/mo rent that, after a $4,786/mo payment. Total monthly income is $2,688/mo. Return on cash invested measures 8.25% in year one, and rental yield stands at 3.3% at a $977,900 entry. Equity gained on principal adds $6,310/yr while 5% annual appreciation compounds into $270,176 by year five. Five-year ROI records 40.04% and total cumulative return in cash reaches $128,809. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,688/mo property income versus a $4,786/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37062, Fairview, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,596 (100%) |
| Owner Occupied HU | 4,306 (76.9%) |
| Renter Occupied HU | 1,005 (18.0%) |
| Vacant Housing Units | 285 ( 5.1%) |
| Median Home Value | $443,976 |
| Average Home Value | $595,096 |
Housing Distribution
Address Breakdown
Residential
5,300
Single Family
5,000
Multi-Family
300
Businesses
279
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