615 W Main StGreenfieldTN38230
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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 Greenfield at 615 W Main St, Greenfield, TN, 38230 priced at $180,000 converts $1,163/mo rent into $86/mo cash flow after a $881/mo obligation. Total monthly income equals $1,163/mo, and annual cash flow totals $1,026/yr on $59,670 invested. Return on cash invested prints 21.63% in year one, and rental yield reads 7.75% against a $180,000 entry. Equity gained on principal adds $1,162/yr, while 5% annual appreciation compiles into $49,731 by year five. Five-year ROI reaches 111.84% and total cumulative return in cash sums $66,737. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,163/mo property income covering a $881/mo payment, not borrower’s personal income.
Single Family
Built in 1987
0.63 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Susan Bradberry • Premier Realty Group of West Tennessee LLC
Mls Name: Tennessee Valley MLS
Mls ID: #135185