616 E Barton Ridge RdGreenevilleTN37745
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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 Greeneville at 616 E Barton Ridge Rd, Greeneville, TN, 37745 priced at $255,000 pairs $1,705/mo rent with $179/mo cash flow after a $1,248/mo payment. Total monthly income equals $1,705/mo, and annual cash flow comes to $2,144/yr on $84,533 invested. Return on cash invested is 22.44% in year one, and rental yield stands at 8.02% on a $255,000 basis. Equity gained on principal adds $1,645/yr, and 5% annual appreciation accumulates to $70,452 by year five. Five-year ROI measures 116.19% and total cumulative return in cash reaches $98,216. For financing, Ziffy Mortgage’s DSCR program evaluates $1,705/mo property income against a $1,248/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1964
0.41 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: Allysa Fillers • Preferred Properties of East Tennessee
Mls Name: TVRMLS
Mls ID: #9985724
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