1751 Old Kentucky Rd SGreenevilleTN37743
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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 1751 Old Kentucky Rd S, Greeneville, TN, 37743 offers $1,447/mo rent that, after a $734/mo payment, leaves $549/mo cash flow. Total monthly income is $1,447/mo, and annual cash flow is $6,591/yr on $49,725 cash. Return on cash invested measures 33.16% in year one, and rental yield stands at 11.58% at a $150,000 entry. Equity gained on principal adds $968/yr while 5% annual appreciation compounds into $41,442 by year five. Five-year ROI records 173.72% and total cumulative return in cash reaches $86,382. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,447/mo property income versus a $734/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 1995
0.48 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: Amanda Kilday • Southbound Real Estate
Mls Name: TVRMLS
Mls ID: #9978855
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