3290 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
Rental property for sale in Rossville at 3290 Raleigh Lagrange Dr, Rossville, TN, 38066 priced at $485,000 pairs $2,546/mo rent with after a $2,374/mo payment. Total monthly income equals $2,546/mo. Return on cash invested is 17.24% in year one, and rental yield stands at 6.3% on a $485,000 basis. Equity gained on principal adds $3,130/yr, and 5% annual appreciation accumulates to $133,997 by year five. Five-year ROI measures 88.28% and total cumulative return in cash reaches $141,926. For financing, Ziffy Mortgage’s DSCR program evaluates $2,546/mo property income against a $2,374/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2023
2.50 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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