106 Jordan Ave,Mount Pleasant,TN,38474

Investment Highlights

Investment property for sale in Mount Pleasant at 106 Jordan Ave, Mount Pleasant, TN, 38474 listed at $189,000 pairs $1,498/mo rent with a $925/mo payment to leave $367/mo cash flow. Total monthly income runs $1,498/mo, and annual cash flow reaches $4,400/yr on $62,654 cash to close. Return on cash invested measures 26.93% in year one, and rental yield registers 9.51% at a $189,000 basis. Equity gained on principal adds $1,220/yr, and annual property appreciation at 5% supports $52,217 by year five. Five-year ROI tracks 140.25% and total cumulative return in cash totals $87,874. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,498/mo property income relative to a $925/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).