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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Leoma at 149 Watson Ct, Leoma, TN, 38468 generates $1,290/mo in rent, after a $2,447/mo payment. Total monthly income is $1,290/mo. Return on cash invested sits at 7.58% in year one, and rental yield is 3.1% on a $499,900 entry. Equity gained on principal adds $3,226/yr, while 5% annual appreciation builds toward $138,113 over five years. Five-year ROI reaches 36.47% and total cumulative return in cash sums $60,432. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,290/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
1.13 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 38468, Leoma, TN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,435 (100%) |
| Owner Occupied HU | 1,846 (75.8%) |
| Renter Occupied HU | 373 (15.3%) |
| Vacant Housing Units | 216 ( 8.9%) |
| Median Home Value | $295,248 |
| Average Home Value | $335,821 |
Residential
2,332
Single Family
2,332
Multi-Family
0
Businesses
115
Date | Event | Price |
|---|---|---|
| 2025-07-27 | Listed for sale | $499,900 |
| 2025-07-25 | Listing removed | $499,900 |
| 2025-06-13 | Price change | $499,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Jackie Sanner • Benchmark Realty, LLC
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #2958461
Disclaimer: Based on information submitted to the MLS GRID as of 2025-07-28 07:28:16 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#99)
