1565 Old Mountain RdGreenevilleTN37743
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1565 Old Mountain Rd, Greeneville, TN, 37743 listed at $319,900 pairs $2,246/mo rent with a $1,566/mo payment to leave $331/mo cash flow. Total monthly income runs $2,246/mo, and annual cash flow reaches $3,969/yr on $106,047 cash to close. Return on cash invested measures 23.65% in year one, and rental yield registers 8.43% at a $319,900 basis. Equity gained on principal adds $2,064/yr, and annual property appreciation at 5% supports $88,382 by year five. Five-year ROI tracks 122.65% and total cumulative return in cash totals $130,064. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,246/mo property income relative to a $1,566/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2021
0.76 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ryan Lewellyn • Coldwell Banker Security Real Estate
Mls Name: TVRMLS
Mls ID: #9977384
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings displayed may not belong to the firm whose website is being visited Listing information is deemed reliable, but not guaranteed.