19 Summerhill LnGreenevilleTN37745
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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 19 Summerhill Ln, Greeneville, TN, 37745 generates $5,666/mo in rent, after a $8,786/mo payment. Total monthly income is $5,666/mo. Return on cash invested sits at 9.89% in year one, and rental yield is 3.79% on a $1,795,000 entry. Equity gained on principal adds $11,583/yr, while 5% annual appreciation builds toward $495,925 over five years. Five-year ROI reaches 48.74% and total cumulative return in cash sums $283,465. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,666/mo property income rather than buyer’s personal income.
Single Family
Built in 2002
11.59 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: Rebecca Rideout • Property Advisors
Mls Name: TVRMLS
Mls ID: #9984964