151 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
Investment property for sale in Livingston at 151 Cullom Lands Ln, Livingston, TN, 38570 offers a 9.01% rental yield on a $299,000 purchase with $2,245/mo rent. Total monthly income registers $2,245/mo, and a $1,463/mo payment leaves $456/mo available for distribution. Annual cash flow reaches $5,467/yr on $99,119 to close, and return on cash invested stands at 25.42% in year one. Equity gained on principal adds $1,929/yr while 5% annual appreciation supports $82,608 over five years. Portfolio math shows five-year ROI at 132.17% and total cumulative return in cash at $131,002. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,245/mo property income against a $1,463/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1998
0.78 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: Neil Ashburn • Prime Realty and Auction LLC
Mls Name: UCMLS
Mls ID: #240869