407 W Irish StGreenevilleTN37743
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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 407 W Irish St, Greeneville, TN, 37743 with 5% annual appreciation on a $265,000 basis while $2,374/mo rent supports operations. Total monthly income totals $2,374/mo and a $1,297/mo payment preserves $788/mo for cash returns. Annual cash flow comes to $9,453/yr on $87,848 deployed, and return on cash invested reaches 30.67% in year one. Equity gained on principal adds $1,710/yr, and five-year appreciation sums $73,215 alongside rental yield of 10.75%. Five-year ROI measures 160.28% and total cumulative return in cash totals $140,799.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,374/mo property income versus a $1,297/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1925
7,840 sqft 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: Whitney Collins • Tri County Real Estate, LLC
Mls Name: TVRMLS
Mls ID: #9980065