523 Waterfowl WayLebanonTN37090
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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 Lebanon at 523 Waterfowl Way, Lebanon, TN, 37090 priced at $327,680 converts $2,305/mo rent into $343/mo cash flow after a $1,604/mo obligation. Total monthly income equals $2,305/mo, and annual cash flow totals $4,119/yr on $108,626 invested. Return on cash invested prints 23.7% in year one, and rental yield reads 8.44% against a $327,680 entry. Equity gained on principal adds $2,114/yr, while 5% annual appreciation compiles into $90,532 by year five. Five-year ROI reaches 122.95% and total cumulative return in cash sums $133,550. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,305/mo property income covering a $1,604/mo payment, not borrower’s personal income.
Townhouse
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37090, Lebanon, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,994 (100%) |
| Owner Occupied HU | 6,724 (67.3%) |
| Renter Occupied HU | 2,674 (26.8%) |
| Vacant Housing Units | 596 ( 6.0%) |
| Median Home Value | $434,143 |
| Average Home Value | $509,143 |
Housing Distribution
Address Breakdown
Residential
9,945
Single Family
8,480
Multi-Family
1,465
Businesses
430
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