120 Green Lawn AveGreenevilleTN37743
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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 Greeneville at 120 Green Lawn Ave, Greeneville, TN, 37743 priced at $459,900 converts $1,620/mo rent into after a $2,251/mo obligation. Total monthly income equals $1,620/mo. Return on cash invested prints 10.99% in year one, and rental yield reads 4.23% against a $459,900 entry. Equity gained on principal adds $2,968/yr, while 5% annual appreciation compiles into $127,062 by year five. Five-year ROI reaches 54.74% and total cumulative return in cash sums $83,454. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,620/mo property income covering a $2,251/mo payment, not borrower’s personal income.
Single Family
Built in 2026
0.52 Acres 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: Ed Gwinn • REMAX Checkmate, Inc. Realtors
Mls Name: TVRMLS
Mls ID: #9989670