509 Green LnWhites CreekTN37189
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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
Rental property for sale in Whites Creek at 509 Green Ln, Whites Creek, TN, 37189 priced at $595,000 converts $2,034/mo rent into after a $2,912/mo obligation. Total monthly income equals $2,034/mo. Return on cash invested prints 10.7% in year one, and rental yield reads 4.1% against a $595,000 entry. Equity gained on principal adds $3,839/yr, while 5% annual appreciation compiles into $164,388 by year five. Five-year ROI reaches 53.14% and total cumulative return in cash sums $104,030. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,034/mo property income covering a $2,912/mo payment, not borrower’s personal income.
Single Family
Built in 2025
0.77 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37189, Whites Creek, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,226 (100%) |
| Owner Occupied HU | 978 (79.8%) |
| Renter Occupied HU | 186 (15.2%) |
| Vacant Housing Units | 62 ( 5.1%) |
| Median Home Value | $526,846 |
| Average Home Value | $651,603 |
Housing Distribution
Address Breakdown
Residential
1,563
Single Family
1,428
Multi-Family
135
Businesses
147
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Listed by: Kalob Creighton • simpliHOM
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #3033544