104 Ridgecrest DrGreenevilleTN37745
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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 Ridgecrest Dr, Greeneville, TN, 37745 offers a 10.82% rental yield on a $364,900 purchase with $3,290/mo rent. Total monthly income registers $3,290/mo, and a $1,786/mo payment leaves $1,106/mo available for distribution. Annual cash flow reaches $13,268/yr on $120,964 to close, and return on cash invested stands at 30.88% in year one. Equity gained on principal adds $2,355/yr while 5% annual appreciation supports $100,815 over five years. Portfolio math shows five-year ROI at 161.39% and total cumulative return in cash at $195,228. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,290/mo property income against a $1,786/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
0.68 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: Mark Williams • Century 21 Legacy - Greeneville
Mls Name: TVRMLS
Mls ID: #9983360