112 2nd Ave,Mt Pleasant,TN,38474

Investment Highlights

Investment property for sale in Mt Pleasant at 112 2nd Ave, Mt Pleasant, TN, 38474 offers a 9.62% rental yield on a $129,900 purchase with $1,041/mo rent. Total monthly income registers $1,041/mo, and a $636/mo payment leaves $263/mo available for distribution. Annual cash flow reaches $3,158/yr on $43,062 to close, and return on cash invested stands at 27.24% in year one. Equity gained on principal adds $838/yr while 5% annual appreciation supports $35,889 over five years. Portfolio math shows five-year ROI at 142% and total cumulative return in cash at $61,147. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,041/mo property income against a $636/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.