Villages of Green Meadows

 

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  • Munford, Tennessee 38058
  • Sales Price: Starting at $323,000

Overview

Properties

Floor Plans

Location

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Overview

FIGURES

4 Homes
4+ Bedrooms
2.5+ Baths
1,904-2,225
10,623-11,780

ABOUT

The Villages of Green Meadows in Munford, Tennessee is an enchanting community just 45 minutes from downtown Memphis. Set among a landscape of fields and forest, this community offers timeless single-family residences that are both sophisticated and practical. Each floor plan is expertly designed to be flexible and accommodate your family’s flow. Leave the hurried life behind and unwind as you choose. Entertain your way and create long-lasting memories with those you love. If you have school-aged children, Munford’s highly-ranked public schools are nearby. If you’re an outdoor enthusiast, marvel at the area’s natural beauty and enjoy its well-maintained parks. There are plenty of shops, restaurants, and amenities within a short drive, too. At the Villages of Green Meadows, an abundant life awaits you.

FEATURES

  • LVP flooring in common areas
  • Carpet in bedrooms
  • Ceramic tile in master bathrooms
  • LVP flooring in bathrooms
  • Flat paint
  • Backsplashes available (upgrade)
  • Granite or quartz (upgrade) countertops
  • Cultured marble bathroom countertops
  • 9′ or 10′ ceilings
  • Stainless steel dishwasher, microwave, electric range
  • Electric fireplace with modern mantle

Plat Map

Villages of Green Meadows features 4 homes on 10,623-11,780.

Properties

There are 4 total homes in Villages of Green Meadows.

Pending
266 Stewart Road, Munford, TN 38058
💵 $323,000
🔐 View Returns
💰 View Incentives
🛏️ 4 Beds
🛁 2.5 Baths
🏠 1,900 SF
Pending
246 Stewart Road, Munford, TN 38058
💵 $369,000
🔐 View Returns
💰 View Incentives
🛏️ 5 Beds
🛁 3 Baths
🏠 2,200 SF
Pending
266 Stewart Drive, Munford, TN 38058
💵 $323,000
🔐 View Returns
💰 View Incentives
🛏️ 4 Beds
🛁 2.5 Baths
🏠 1,900 SF
Sold
282 Stewart Road, Munford, TN 38058
💵 $363,000
🔐 View Returns
💰 View Incentives
🛏️ 5 Beds
🛁 3 Baths
🏠 2,200 SF
View All Homes For Sale

Floor Plans

There are 4 available floor plans in Villages of Green Meadows, ranging from 1,904-2,225.
Blue Jay Front Load
Front Elevation A
1666
5 BDS
3 BA
2,200 - 2,300 S.F.
Dove Front Load
Front Elevation D
1548
5 BDS
3 BA
2,200 - 2,300 S.F.
Maple
Front Elevation A
1128
4 BDS
2.5 BA
1,900 - 2,000 S.F.
Oriole Front Load
Front Elevation A
1329
4 BDS
2.5 BA
2,000 - 2,100 S.F.

Location

A suburb in Tipton County with 6,500 residents and a strong sense of community. Home to the annual Munford Fall Festival, a day-long celebration featuring art, music, and local flavors. A 40-minute drive to Ford’s BlueOval City and 10 miles from Millington, Tennessee, the region’s commercial center. A 20-minute drive to emergency care at Baptist Memorial Hospital-Tipton.

Investor Calculator

PROPERTY INCOME AND OPERATING EXPENSE DATA
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Enter the Monthly Rent, Annual Property Tax and Annual Insurance Premium amounts here. The tax information is available on most county property tax websites. The insurance information is available from the insurance company. It is important to research whether or not the property is located in a homeowner’s association that carries Homeowner’s Association (HOA) fees. If so, enter the annual amount.
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ACQUISITION AND DEBT SERVICE SUMMARY
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Enter Purchase Price of the property. If you are financing the property, enter the Down Payment percentage here. For most investors, it’s usually a number between 20-30%. For a cash purchase, enter 100%. Next, enter the Closing Costs & Fees. If you are working with a lender, she can give you a good faith estimate for this line item.
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ECONOMIC MODELING ASSUMPTIONS (PER YEAR, FOR 10 YEARS)
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In this section, you need to make some assumptions about the property as indicated to the right. Vacancy Rate: Percentage of Gross Scheduled Income (GSI) or total annual rents possible per year. Maintenance Rate: Percentage of Gross Operating Income (GOI), or the income the property receives after accounting for vacancy. Property Management Rate: Percentage of GOI, the amount of rents actually collected by the property manager. Property Appreciation Rate: Your expectation of how the property value will appreciate. Expense Inflation Rate: The general economic inflation percentage rate. Sales Costs: Costs associated with selling property when it is finally sold, including sales commissions and closing costs. This is a one-time expense.
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INVESTMENT AND DEBT SERVICE CALCULATIONS
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Investment and debt service calculations: Based on the data entered above, the investor’s total cash investment, and the monthly and annual debt service is calculated here.
Property Purchase Price
Down Payment
Closing Costs & Fees
Total Cash Investment
DEBT SERVICE SUMMARY
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Investment and debt service calculations: Based on the data entered above, the investor’s total cash investment, and the monthly and annual debt service is calculated here.
Amount Financed
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KEY FINANCIAL RATIOS (RETURN ON INVESTMENT)
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Key Financial Ratios are calculated as 10-year averages to the right based on the data entered above. 10-Year Average Cash on Cash ROI – ten year average of cash on cash (CoC) return. Cash-On-Cash ROI + Debt Pay Down – this is the combined return of the debt pay down and the cash on cash return. 10-Year Average Capitalization Rate – 10 year average of annual Net Operating Income of the property divided by its purchase price. This is the approximate annual CoC return for an all-cash purchase. 10-Year Internal Rate of Return (IRR) – the annual return accounting for the amount invested, cash flow earned through rents, pay down of the mortgage loan, and appreciation realized from the sale of the property. IRR is an overall return on investment metric that accounts for the amount and timing of all cash flows disbursed and received each year.
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Capitalization Rate (First Year)
First Year Net Operating Income ÷ Purchase Price
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