1119 Forest StGreenevilleTN37743
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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 1119 Forest St, Greeneville, TN, 37743 uses $63,946 cash to close to unlock $5,249/yr annual cash flow and $437/mo monthly cash flow. Total monthly income runs $1,592/mo, and a $944/mo payment keeps the spread at $437/mo. Purchase price stands at $192,900, and rental yield measures 9.9% with $1,592/mo rent. Return on cash invested shows 28.12% in year one, and 5% annual appreciation builds toward $53,295 over five years. Five-year ROI reaches 146.63% and total cumulative return in cash records $93,767. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,592/mo property income covering a $944/mo payment rather than investor’s personal income.
Single Family
Built in 1950
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37743, Greeneville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,542 (100%) |
| Owner Occupied HU | 8,219 (65.5%) |
| Renter Occupied HU | 2,927 (23.3%) |
| Vacant Housing Units | 1,396 (11.1%) |
| Median Home Value | $299,287 |
| Average Home Value | $336,725 |
Housing Distribution
Address Breakdown
Residential
11,911
Single Family
11,732
Multi-Family
179
Businesses
683
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