115 Park Pl #115GreenevilleTN37743
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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 115 Park Pl #115, Greeneville, TN, 37743 offers a 4.46% rental yield on a $295,999 purchase with $1,100/mo rent. 69% in year one. Equity gained on principal adds $1,910/yr while 5% annual appreciation supports $81,779 over five years. Portfolio math shows five-year ROI at 58.5% and total cumulative return in cash at $57,400. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,100/mo property income against a $1,449/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2000
N/A 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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Listed by: Jim Griffin • LPT Realty - Griffin Home Group
Mls Name: TVRMLS
Mls ID: #9985587