150 Cullom Lands LnLivingstonTN38570
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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 Livingston at 150 Cullom Lands Ln, Livingston, TN, 38570 priced at $300,000 converts $1,600/mo rent into after a $1,468/mo obligation. Total monthly income equals $1,600/mo. Return on cash invested prints 17.55% in year one, and rental yield reads 6.4% against a $300,000 entry. Equity gained on principal adds $1,936/yr, while 5% annual appreciation compiles into $82,884 by year five. Five-year ROI reaches 89.94% and total cumulative return in cash sums $89,448. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,600/mo property income covering a $1,468/mo payment, not borrower’s personal income.
Single Family
Built in N/A
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38570, Livingston, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,552 (100%) |
| Owner Occupied HU | 2,980 (65.5%) |
| Renter Occupied HU | 1,075 (23.6%) |
| Vacant Housing Units | 497 (10.9%) |
| Median Home Value | $243,421 |
| Average Home Value | $294,714 |
Housing Distribution
Address Breakdown
Residential
4,334
Single Family
4,293
Multi-Family
41
Businesses
539
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Listed by: Lee Amonett • Amonett's Eagle Auction & Realty, LLC
Mls Name: My State MLS
Mls ID: #11620401