4516 Green Castle RdLouisvilleTN37777
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 Louisville at 4516 Green Castle Rd, Louisville, TN, 37777 listed at $385,000 pairs $2,640/mo rent with a $1,884/mo payment to leave $336/mo cash flow. Total monthly income runs $2,640/mo, and annual cash flow reaches $4,029/yr on $127,628 cash to close. Return on cash invested measures 23.07% in year one, and rental yield registers 8.23% at a $385,000 basis. Equity gained on principal adds $2,484/yr, and annual property appreciation at 5% supports $106,368 by year five. Five-year ROI tracks 119.49% and total cumulative return in cash totals $152,506. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,640/mo property income relative to a $1,884/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1968
0.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37777, Louisville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,597 (100%) |
| Owner Occupied HU | 3,640 (55.2%) |
| Renter Occupied HU | 2,159 (32.7%) |
| Vacant Housing Units | 798 (12.1%) |
| Median Home Value | $404,970 |
| Average Home Value | $610,345 |
Housing Distribution
Address Breakdown
Residential
5,899
Single Family
5,899
Multi-Family
0
Businesses
364
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dwight Price • The Dwight Price Group Realty Executives Associates
Mls Name: East Tennessee Realtors
Mls ID: #1322762