3043 Cross Gate Ln, Columbia, TN, 38401 | 3.54% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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3043 Cross Gate Ln, Columbia, TN, 38401 | 3.54% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Columbia at 3043 Cross Gate Ln, Columbia, TN, 38401 listed at $750,000 pairs $2,214/mo rent with a $3,671/mo payment. Total monthly income runs $2,214/mo. Return on cash invested measures 8.99% in year one, and rental yield registers 3.54% at a $750,000 basis. Equity gained on principal adds $4,840/yr, and annual property appreciation at 5% supports $207,211 by year five. Five-year ROI tracks 44.01% and total cumulative return in cash totals $108,606. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,214/mo property income relative to a $3,671/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 2018

1.12 Acres lot

$N/A/sqft

No HOA

More details about the property

Fantastic John Maher One Story Ranch Situated on 1+ Acres in Cross Gate Sub.with a Concrete Driveway. This Full Bricked Home has 3 Bdrms, 2 Baths, Vaulted Ceilings, Excellent Trim PKG, Real Finished Hardwood Flooring, Granite Vanity & Countertops, Tiled Shower w/ Separate Soaking Tub, Shiplap Wall Covering, Propane Fireplace, Cedar Front Porch and a Large Bonus Room (Could be 4th BDRM/Office), and a Amazing Back Yard With A Garden Shed. The Back Yard Features a Bricked Lined Ascent Lighted Walkway Past the Beam H Hot Tub, To The Gazebo (wired), and Winding Through the Pergola, to the Raised Garden, It Has A Waterfall and Fire Pit. Professionally Landscaped Around the Front & Back Yard Trees and Shrubs, It is Truly Picturesque! My Words Can't Describe the Peaceful Feeling You Have Wondering Through the Back Yard. Unbelievable and Breathtaking! A MUST SEE!

Neighborhood Data

Neighborhood data shown for ZIP Code: 38401, Columbia, TN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	30,552 (100%)
Owner Occupied HU	19,842 (64.9%)
Renter Occupied HU	8,481 (27.8%)
Vacant Housing Units	2,229 ( 7.3%)
Median Home Value	$383,591
Average Home Value	$440,270