840 Bright Hope RdGreenevilleTN37743
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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 Greeneville at 840 Bright Hope Rd, Greeneville, TN, 37743 listed at $165,000 pairs $1,210/mo rent with a $808/mo payment to leave $222/mo cash flow. Total monthly income runs $1,210/mo, and annual cash flow reaches $2,662/yr on $54,698 cash to close. Return on cash invested measures 24.78% in year one, and rental yield registers 8.8% at a $165,000 basis. Equity gained on principal adds $1,065/yr, and annual property appreciation at 5% supports $45,586 by year five. Five-year ROI tracks 128.69% and total cumulative return in cash totals $70,391. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,210/mo property income relative to a $808/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1935
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37743, Greeneville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,542 (100%) |
| Owner Occupied HU | 8,219 (65.5%) |
| Renter Occupied HU | 2,927 (23.3%) |
| Vacant Housing Units | 1,396 (11.1%) |
| Median Home Value | $299,287 |
| Average Home Value | $336,725 |
Housing Distribution
Address Breakdown
Residential
11,911
Single Family
11,732
Multi-Family
179
Businesses
683
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Listed by: Michael McNeese • Century 21 Legacy - Greeneville
Mls Name: TVRMLS
Mls ID: #9988466