152 Tasso Ln 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 152 Tasso Ln NE, Cleveland, TN, 37312 uses $122,324 cash to close to unlock $8,714/yr annual cash flow and $726/mo monthly cash flow. Total monthly income runs $2,935/mo, and a $1,806/mo payment keeps the spread at $726/mo. Purchase price stands at $369,000, and rental yield measures 9.54% with $2,935/mo rent. Return on cash invested shows 27.03% in year one, and 5% annual appreciation builds toward $101,948 over five years. Five-year ROI reaches 140.81% and total cumulative return in cash records $172,239. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,935/mo property income covering a $1,806/mo payment rather than investor’s personal income.
Townhouse
Built in 2018
4,200 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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