1420 Woodland Cove Dr NEClevelandTN37312
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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 1420 Woodland Cove Dr NE, Cleveland, TN, 37312 earns $470/mo cash flow from $2,476/mo rent with a $1,640/mo payment. Total monthly income totals $2,476/mo, and annual cash flow totals $5,643/yr on $111,053 capital. ROI tracks 24.99% on current figures, and rental yield reads 8.87% at a $335,000 purchase. Equity gained on principal adds $2,162/yr, and 5% annual appreciation supports $92,554 over five years. Five-year ROI reaches 129.85% and total cumulative return in cash sums $144,200. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,476/mo property income instead of your personal income.
Single Family
Built in 2007
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37312, Cleveland, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,186 (100%) |
| Owner Occupied HU | 9,889 (61.1%) |
| Renter Occupied HU | 5,468 (33.8%) |
| Vacant Housing Units | 829 ( 5.1%) |
| Median Home Value | $308,973 |
| Average Home Value | $393,088 |
Housing Distribution
Address Breakdown
Residential
15,483
Single Family
14,888
Multi-Family
595
Businesses
1,013
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