120 Griffin StGreenfieldTN38230
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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 Greenfield at 120 Griffin St, Greenfield, TN, 38230 uses $50,554 cash to close to unlock $1,890/yr annual cash flow and $158/mo monthly cash flow. Total monthly income runs $1,070/mo, and a $746/mo payment keeps the spread at $158/mo. Purchase price stands at $152,500, and rental yield measures 8.42% with $1,070/mo rent. Return on cash invested shows 23.65% in year one, and 5% annual appreciation builds toward $42,133 over five years. Five-year ROI reaches 122.65% and total cumulative return in cash records $62,003. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,070/mo property income covering a $746/mo payment rather than investor’s personal income.
Single Family
Built in 1992
8,712 sqft lot
$N/A/sqft
No HOA
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Listed by: Jennifer Hamlin • HAMLIN REAL ESTATE
Mls Name: RRAR
Mls ID: #45525
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