3070 Raleigh Lagrange DrRossvilleTN38066
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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 Rossville at 3070 Raleigh Lagrange Dr, Rossville, TN, 38066 offers a 6.8% rental yield on a $425,000 purchase with $2,408/mo rent. 75% in year one. Equity gained on principal adds $2,742/yr while 5% annual appreciation supports $117,420 over five years. Portfolio math shows five-year ROI at 96.4% and total cumulative return in cash at $135,809. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,408/mo property income against a $2,080/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1992
1.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38066, Rossville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,453 (100%) |
| Owner Occupied HU | 1,217 (83.8%) |
| Renter Occupied HU | 177 (12.2%) |
| Vacant Housing Units | 59 ( 4.1%) |
| Median Home Value | $453,349 |
| Average Home Value | $474,984 |
Housing Distribution
Address Breakdown
Residential
1,445
Single Family
1,424
Multi-Family
21
Businesses
126
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