1160 S Ocoee StClevelandTN37311
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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 Cleveland at 1160 S Ocoee St, Cleveland, TN, 37311 listed at $139,995 pairs $1,113/mo rent with a $685/mo payment to leave $275/mo cash flow. Total monthly income runs $1,113/mo, and annual cash flow reaches $3,302/yr on $46,408 cash to close. Return on cash invested measures 27.02% in year one, and rental yield registers 9.54% at a $139,995 basis. Equity gained on principal adds $903/yr, and annual property appreciation at 5% supports $38,678 by year five. Five-year ROI tracks 140.81% and total cumulative return in cash totals $65,349. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,113/mo property income relative to a $685/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1910
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37311, Cleveland, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,772 (100%) |
| Owner Occupied HU | 5,406 (42.3%) |
| Renter Occupied HU | 6,343 (49.7%) |
| Vacant Housing Units | 1,023 ( 8.0%) |
| Median Home Value | $280,867 |
| Average Home Value | $365,154 |
Housing Distribution
Address Breakdown
Residential
12,231
Single Family
11,132
Multi-Family
1,099
Businesses
1,317
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