1015 Red Oak DrGreenbrierTN37073
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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 Greenbrier at 1015 Red Oak Dr, Greenbrier, TN, 37073 generates $2,220/mo in rent, after a $2,983/mo payment. Total monthly income is $2,220/mo. Return on cash invested sits at 11.51% in year one, and rental yield is 4.37% on a $609,500 entry. Equity gained on principal adds $3,933/yr, while 5% annual appreciation builds toward $168,394 over five years. Five-year ROI reaches 57.52% and total cumulative return in cash sums $115,338. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,220/mo property income rather than buyer’s personal income.
Single Family
Built in 1991
0.94 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37073, Greenbrier, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,842 (100%) |
| Owner Occupied HU | 4,602 (78.8%) |
| Renter Occupied HU | 990 (16.9%) |
| Vacant Housing Units | 250 ( 4.3%) |
| Median Home Value | $349,759 |
| Average Home Value | $403,803 |
Housing Distribution
Address Breakdown
Residential
5,833
Single Family
5,631
Multi-Family
202
Businesses
232
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Listed by: Natalie Harper • Crye-Leike, Inc., REALTORS
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #2981464