580 Gregory RdWestmorelandTN37186
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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 Westmoreland at 580 Gregory Rd, Westmoreland, TN, 37186 earns $65/mo cash flow from $1,860/mo rent with a $1,468/mo payment. Total monthly income totals $1,860/mo, and annual cash flow totals $775/yr on $99,417 capital. ROI tracks 20.69% on current figures, and rental yield reads 7.44% at a $299,900 purchase. Equity gained on principal adds $1,935/yr, and 5% annual appreciation supports $82,857 over five years. Five-year ROI reaches 106.76% and total cumulative return in cash sums $106,132. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,860/mo property income instead of your personal income.
Single Family
Built in 1995
0.93 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37186, Westmoreland, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,216 (100%) |
| Owner Occupied HU | 2,949 (69.9%) |
| Renter Occupied HU | 951 (22.6%) |
| Vacant Housing Units | 316 ( 7.5%) |
| Median Home Value | $232,183 |
| Average Home Value | $292,252 |
Housing Distribution
Address Breakdown
Residential
4,237
Single Family
4,237
Multi-Family
0
Businesses
158
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Listed by: Leanna McKee • RE/MAX Choice Properties
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #3041473