40 Oakmont LnGreenevilleTN37743
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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 40 Oakmont Ln, Greeneville, TN, 37743 with 5% annual appreciation on a $579,900 basis while $3,863/mo rent supports operations. Total monthly income totals $3,863/mo and a $2,838/mo payment preserves $392/mo for cash returns. Annual cash flow comes to $4,703/yr on $190,787 deployed, and return on cash invested reaches 22.53% in year one. Equity gained on principal adds $3,742/yr, and five-year appreciation sums $160,216 alongside rental yield of 7.99%. Five-year ROI measures 116.56% and total cumulative return in cash totals $222,385.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,863/mo property income versus a $2,838/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1990
0.38 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: Rebecca Rideout • Property Advisors
Mls Name: TVRMLS
Mls ID: #9985448