1204 Bobs Ln, Mt Pleasant, TN, 38474 | 2.88% Rental Yield

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1204 Bobs Ln, Mt Pleasant, TN, 38474 | 2.88% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Mt Pleasant at 1204 Bobs Ln, Mt Pleasant, TN, 38474 earns from $2,220/mo rent with a $4,527/mo payment. Total monthly income totals $2,220/mo. ROI tracks 6.98% on current figures, and rental yield reads 2.88% at a $925,000 purchase. Equity gained on principal adds $5,969/yr, and 5% annual appreciation supports $255,560 over five years. Five-year ROI reaches 33.23% and total cumulative return in cash sums $101,113. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,220/mo property income instead of your personal income.

Single Family

Built in 1995

2.84 Acres lot

$N/A/sqft

No HOA

More details about the property

Experience the rare opportunity to own a legacy estate in the heart of Mount Pleasants picturesque countryside. Nestled on nearly three private acres, 1204 Bobs Lane is a masterfully renovated residence that blends timeless heritage with modern luxury. Originally built by one of Mount Pleasants beloved pharmacists, this home is steeped in local history. Every detail has been thoughtfully curated, from the chefs kitchen with quartz counters, gas cooktop, and wine fridge, to the spa-inspired owners suite featuring a freestanding tub, dual vanities, and a walk-in shower. A hallmark of this home is its seamless flow for indoor-outdoor living: move effortlessly from the gourmet kitchen into the expansive four-season room, then step through double doors onto the inviting porchan idyllic setting to savor breathtaking sunrises and sunsets over the rolling Tennessee hills. Whether youre hosting gatherings or enjoying a quiet morning coffee, this space is designed for memorable moments and tranquil views. The grounds feature lush orchards, curated gardens, and multiple workshops for the hobbyist or craftsman. Extensive upgrades include a state-of-the-art water system, encapsulated crawl space, spray foam insulation, new PEX plumbing, tankless water heater, and a remote-controlled gated entry for ultimate privacy and peace of mind. Located just minutes from Mount Pleasants vibrant historic square, acclaimed dining, and cultural landmarks, this extraordinary property offers the perfect blend of rural tranquility and modern convenience. See attached for record of upgrades.