413 E Bernard AveGreenevilleTN37745
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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 413 E Bernard Ave, Greeneville, TN, 37745 with 5% annual appreciation on a $240,000 basis while $1,654/mo rent supports operations. Total monthly income totals $1,654/mo and a $1,175/mo payment preserves $217/mo for cash returns. Annual cash flow comes to $2,604/yr on $79,560 deployed, and return on cash invested reaches 23.18% in year one. Equity gained on principal adds $1,549/yr, and five-year appreciation sums $66,308 alongside rental yield of 8.27%. Five-year ROI measures 120.12% and total cumulative return in cash totals $95,570.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,654/mo property income versus a $1,175/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1940
0.45 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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Listed by: Deone Jenkins • Century 21 Legacy - Greeneville
Mls Name: TVRMLS
Mls ID: #9984628