114 Southridge Dr #114GreenevilleTN37743
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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 114 Southridge Dr #114, Greeneville, TN, 37743 listed at $318,200 pairs $1,100/mo rent with a $1,557/mo payment. Total monthly income runs $1,100/mo. Return on cash invested measures 9.05% in year one, and rental yield registers 4.15% at a $318,200 basis. Equity gained on principal adds $2,053/yr, and annual property appreciation at 5% supports $87,913 by year five. Five-year ROI tracks 44.98% and total cumulative return in cash totals $47,450. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,100/mo property income relative to a $1,557/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2006
N/A lot
$N/A/sqft
$150 monthly 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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Listed by: Mark Williams • Century 21 Legacy - Greeneville
Mls Name: TVRMLS
Mls ID: #9924832
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