104 Powell StGreenevilleTN37745
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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
Investment property for sale in Greeneville at 104 Powell St, Greeneville, TN, 37745 uses $82,875 cash to close to unlock $4,801/yr annual cash flow and $400/mo monthly cash flow. Total monthly income runs $1,897/mo, and a $1,224/mo payment keeps the spread at $400/mo. Purchase price stands at $250,000, and rental yield measures 9.11% with $1,897/mo rent. Return on cash invested shows 25.7% in year one, and 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 133.69% and total cumulative return in cash records $110,794. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,897/mo property income covering a $1,224/mo payment rather than investor’s personal income.
Single Family
Built in 1946
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37745, Greeneville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,958 (100%) |
| Owner Occupied HU | 5,697 (63.6%) |
| Renter Occupied HU | 2,386 (26.6%) |
| Vacant Housing Units | 875 ( 9.8%) |
| Median Home Value | $261,150 |
| Average Home Value | $344,530 |
Housing Distribution
Address Breakdown
Residential
8,762
Single Family
8,444
Multi-Family
318
Businesses
946
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Listed by: Donna Addington • The Addington Agency Bristol
Mls Name: TVRMLS
Mls ID: #9990267