109 Greystone WayShelbyvilleTN37160
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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 Shelbyville at 109 Greystone Way, Shelbyville, TN, 37160 priced at $315,000 converts $2,174/mo rent into $288/mo cash flow after a $1,542/mo obligation. Total monthly income equals $2,174/mo, and annual cash flow totals $3,457/yr on $104,423 invested. Return on cash invested prints 23.22% in year one, and rental yield reads 8.28% against a $315,000 entry. Equity gained on principal adds $2,033/yr, while 5% annual appreciation compiles into $87,029 by year five. Five-year ROI reaches 120.37% and total cumulative return in cash sums $125,693. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,174/mo property income covering a $1,542/mo payment, not borrower’s personal income.
Single Family
Built in 2005
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37160, Shelbyville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,535 (100%) |
| Owner Occupied HU | 9,578 (61.7%) |
| Renter Occupied HU | 4,957 (31.9%) |
| Vacant Housing Units | 1,000 ( 6.4%) |
| Median Home Value | $299,851 |
| Average Home Value | $387,374 |
Housing Distribution
Address Breakdown
Residential
15,133
Single Family
14,885
Multi-Family
248
Businesses
1,027
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Listed by: Hunter Forsythe • EXIT NOBLE REALTY GROUP
Mls Name: Exit Realty
Mls Provider:
Mls ID: #2820245