190 S Lake DrAltamontTN37301
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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 Altamont at 190 S Lake Dr, Altamont, TN, 37301 priced at $333,900 converts $0/mo rent into after a $1,634/mo obligation. Total monthly income equals $0/mo. Return on cash invested prints -1.76% in year one, and rental yield reads 0% against a $333,900 entry. Equity gained on principal adds $2,155/yr, while 5% annual appreciation compiles into $92,250 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $0/mo property income covering a $1,634/mo payment, not borrower’s personal income.
Single Family
Built in 2017
2.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37301, Altamont, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 733 (100%) |
| Owner Occupied HU | 519 (70.8%) |
| Renter Occupied HU | 123 (16.8%) |
| Vacant Housing Units | 91 (12.4%) |
| Median Home Value | $201,339 |
| Average Home Value | $230,024 |
Housing Distribution
Address Breakdown
Residential
676
Single Family
676
Multi-Family
0
Businesses
72
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices