315 Forest Hills DrGreenevilleTN37745
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 315 Forest Hills Dr, Greeneville, TN, 37745 at $213,000 posts ROI 22.43% with $148/mo cash flow from $1,424/mo rent. Total monthly income equals $1,424/mo, and annual cash flow records $1,782/yr on $70,610 to close. Return on cash invested measures 22.43% and rental yield reads 8.02% at the current $213,000. Equity gained on principal adds $1,374/yr, and 5% annual appreciation supports $58,848 by year five. Five-year ROI prints 116.14% and total cumulative return in cash totals $82,005.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,424/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1953
0.42 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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Nearby investment properties with comparable prices
Listed by: Jessica Lutz • Century 21 Legacy - Greeneville
Mls Name: TVRMLS
Mls ID: #9984584