155 Browning Rd SEClevelandTN37323
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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
Rental property for sale in Cleveland at 155 Browning Rd SE, Cleveland, TN, 37323 generates $2,946/mo in rent, after a $3,125/mo payment. Total monthly income is $2,946/mo. Return on cash invested sits at 15.06% in year one, and rental yield is 5.54% on a $638,500 entry. Equity gained on principal adds $4,120/yr, while 5% annual appreciation builds toward $176,406 over five years. Five-year ROI reaches 76.51% and total cumulative return in cash sums $160,719. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,946/mo property income rather than buyer’s personal income.
Home Type Unknown
Built in N/A
9 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37323, Cleveland, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,311 (100%) |
| Owner Occupied HU | 10,088 (75.8%) |
| Renter Occupied HU | 2,434 (18.3%) |
| Vacant Housing Units | 789 ( 5.9%) |
| Median Home Value | $271,581 |
| Average Home Value | $302,382 |
Housing Distribution
Address Breakdown
Residential
12,682
Single Family
12,563
Multi-Family
119
Businesses
318
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