503 W 3rd StLivingstonTN38570
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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 Livingston at 503 W 3rd St, Livingston, TN, 38570 generates $1,194/mo in rent, after a $1,052/mo payment. Total monthly income is $1,194/mo. Return on cash invested sits at 18.35% in year one, and rental yield is 6.67% on a $214,900 entry. Equity gained on principal adds $1,387/yr, while 5% annual appreciation builds toward $59,373 over five years. Five-year ROI reaches 94.25% and total cumulative return in cash sums $67,146. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,194/mo property income rather than buyer’s personal income.
Single Family
Built in 1937
0.25 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: Eleanor York • Exit Cross Roads Realty Cookeville
Mls Name: UCMLS
Mls ID: #240454