Investing in Sumner County
Sumner County covers 3 rental markets we actively finance in Tennessee — Gallatin, Hendersonville, Portland. Across those markets the median investment basis averages $413,333, a long-term lease averages $2,108/month, and the average all-in PITIA on a DSCR loan at the minimum down payment is $2,712. That produces a county-wide average DSCR ratio near 0.78x.
Basis varies more inside Sumner County than the average suggests. Portland is the lowest entry point at roughly $330,000, while Portland currently models the strongest coverage ratio in the county at 0.82x. When two towns in the same county ratio differently, it is almost always the rent-to-price relationship rather than the rate — the same loan pricing applies county-wide, so the deal is won on which submarket you buy in.