215 White Sands RdGreenevilleTN37743
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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 215 White Sands Rd, Greeneville, TN, 37743 priced at $550,000 converts $1,984/mo rent into after a $2,692/mo obligation. Total monthly income equals $1,984/mo. Return on cash invested prints 11.38% in year one, and rental yield reads 4.33% against a $550,000 entry. Equity gained on principal adds $3,549/yr, while 5% annual appreciation compiles into $151,955 by year five. Five-year ROI reaches 56.83% and total cumulative return in cash sums $102,826. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,984/mo property income covering a $2,692/mo payment, not borrower’s personal income.
Single Family
Built in 1980
0.88 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: Cody Tipton • Century 21 Legacy - Greeneville
Mls Name: TVRMLS
Mls ID: #9985403