Discover this beautiful home located at 449 Jannett Ave, a rare income-producing home with easy I-65 access to Nashville. In one of the most peaceful and convenient areas of Goodlettsville. Tucked on a deep 0.32 acre lot in the Gateway area, this 4 bedroom, 2 bath, 1,428 sq ft home offers the space and flexibility buyers are searching for in today’s market. The layout is divided into two separate living spaces: a 3 bed, 1 bath side and a 1 bed, 1 bath side, each with its own entrance. The 1 bed / 1 bath unit has a full kitchen and in-unit laundry connections and is currently rented month to month, so you can move in and start with built-in rental income from day one. Use it as a “house hack,” multigenerational setup, guest suite, or flexible long-term rental, subject to local regulations. Inside, you’ll find low-maintenance hardwood and tile flooring throughout, plus a fully tiled, floor-to-ceiling bathroom that feels clean and updated. The main living spaces flow easily, with natural light and simple finishes that make furnishing and decorating straightforward. Outside is where this property really stands out at this price point. The oversized lot gives you room for pets, play, gardening, or future outdoor projects, and the extra paved parking means space for multiple cars, work vehicles, or guests. Relax with coffee on the covered front porch or host friends on the large back deck overlooking the yard. All of this is minutes from I-65, with quick, commuter-friendly access to downtown Nashville, RiverGate shopping, dining, parks, and major employers, while still enjoying the small-town feel and value that make Goodlettsville so attractive to buyers compared to many nearby suburbs. If you’re looking for an affordable Goodlettsville home with income potential and an oversized lot near Nashville, 449 Janette Ave needs to be on your short list. **Seller's loan is assumable with a rate on the 3s**
Roam is your trusted partner for affordable home ownership. We help manage the assumption process from start to finish, enabling homebuyers to easily purchase their next home with a low-interest rate mortgage attached.
To qualify, you must meet the current FHA, VA, or USDA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50% max under FHA guidelines. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.
An assumable mortgage is a type of home loan that allows a homebuyer to take over the existing mortgage terms from the seller, with no cost to the seller. Many government-backed loans, such as FHA and VA loans, are eligible for assumption, and millions of these mortgages are available.
When interest rates on mortgages are high, assuming a mortgage with a rate as low as 2% allows buyers to save up to thousands monthly compared to buying a home with a traditional mortgage at today’s average rates of 7%. A low-rate assumable mortgage could be the key to finding your dream home at an affordable price.
Roam has compiled available listings with low-rate assumable mortgages for you to browse. To get started, enter the city, state, zip code, or school district you’re interested in purchasing in. Utilize the search filters to narrow down your search. Click “Save search” to save your search preferences and activate listing notifications—we’ll email you as soon as new listings match your criteria.
Once you’ve found your dream home and ready to make an offer, schedule a call with a Roam Advisor directly from the listing. Your Roam Advisor will guide you through each step of the process, while also working directly with your agent, the servicer, and the seller to ensure you close on time.
When assuming the existing mortgage as part of a home purchase, the buyer has to cover the seller’s equity in the home. The seller’s equity is the purchase price minus the remaining mortgage balance. This amount must be covered in full through an all-cash down payment or by taking out a second mortgage.
Yes. Non-veterans can assume a VA loan, provided they meet the lender’s VA criteria. When a qualified buyer assumes a VA mortgage from a veteran or active-duty service member, the seller’s VA loan entitlement remains tied to the assumed loan until the buyer pays off or refinances the loan. This process restores the veteran seller’s entitlement, enabling them to use their VA benefit for a future home purchase.
Yes. All FHA loans are assumable by law as long as the buyer meets the FHA’s credit, income, and qualification requirements and obtain lender approval before assuming the loan (per FHA regulations effected December 15, 1989). Roam makes this process simple for buyers.
Generally, conventional loans are not assumable. In rare cases, a conventional loan may be assumable with lender approval. Use our search tool to find homes with assumable low-rate loans, or reach out to us if you’d like to confirm a specific home’s assumability.
