2568 Asheville HwyGreenevilleTN37743
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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 2568 Asheville Hwy, Greeneville, TN, 37743 uses $62,952 cash to close to unlock $7,400/yr annual cash flow and $617/mo monthly cash flow. Total monthly income runs $1,753/mo, and a $929/mo payment keeps the spread at $617/mo. Purchase price stands at $189,900, and rental yield measures 11.08% with $1,753/mo rent. Return on cash invested shows 31.66% in year one, and 5% annual appreciation builds toward $52,466 over five years. Five-year ROI reaches 165.64% and total cumulative return in cash records $104,273. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,753/mo property income covering a $929/mo payment rather than investor’s personal income.
Single Family
Built in 1958
0.34 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: Thomas Willett • Southbound Real Estate
Mls Name: TVRMLS
Mls ID: #9985214