170 Litchfield Ln NWClevelandTN37312
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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 170 Litchfield Ln NW, Cleveland, TN, 37312 with 5% annual appreciation on a $1,950,000 basis while $3,232/mo rent supports operations. 34% in year one. Equity gained on principal adds $12,583/yr, and five-year appreciation sums $538,749 alongside rental yield of 1.99%. Five-year ROI measures 18.97% and total cumulative return in cash totals $119,873. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,232/mo property income versus a $9,544/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2015
1.90 Acres 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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