1715 McDonald Ln SWClevelandTN37311
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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 1715 McDonald Ln SW, Cleveland, TN, 37311 uses $56,322 cash to close to unlock $4,350/yr annual cash flow and $363/mo monthly cash flow. Total monthly income runs $1,380/mo, and a $832/mo payment keeps the spread at $363/mo. Purchase price stands at $169,900, and rental yield measures 9.75% with $1,380/mo rent. Return on cash invested shows 27.63% in year one, and 5% annual appreciation builds toward $46,940 over five years. Five-year ROI reaches 144.03% and total cumulative return in cash records $81,122. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,380/mo property income covering a $832/mo payment rather than investor’s personal income.
Single Family
Built in 1970
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37311, Cleveland, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,772 (100%) |
| Owner Occupied HU | 5,406 (42.3%) |
| Renter Occupied HU | 6,343 (49.7%) |
| Vacant Housing Units | 1,023 ( 8.0%) |
| Median Home Value | $280,867 |
| Average Home Value | $365,154 |
Housing Distribution
Address Breakdown
Residential
12,231
Single Family
11,132
Multi-Family
1,099
Businesses
1,317
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