178 Van Hill EstsGreenevilleTN37745
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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 178 Van Hill Ests, Greeneville, TN, 37745 offers a 7.8% rental yield on a $239,900 purchase with $1,560/mo rent. Total monthly income registers $1,560/mo, and a $1,174/mo payment leaves $124/mo available for distribution. Annual cash flow reaches $1,489/yr on $79,527 to close, and return on cash invested stands at 21.78% in year one. Equity gained on principal adds $1,548/yr while 5% annual appreciation supports $66,280 over five years. Portfolio math shows five-year ROI at 112.68% and total cumulative return in cash at $89,611. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,560/mo property income against a $1,174/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2005
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37745, Greeneville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,958 (100%) |
| Owner Occupied HU | 5,697 (63.6%) |
| Renter Occupied HU | 2,386 (26.6%) |
| Vacant Housing Units | 875 ( 9.8%) |
| Median Home Value | $261,150 |
| Average Home Value | $344,530 |
Housing Distribution
Address Breakdown
Residential
8,762
Single Family
8,444
Multi-Family
318
Businesses
946
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Listed by: Jenna Carter • Keller Williams Realty Johnson City
Mls Name: Lakeway Area AOR
Mls ID: #708908