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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Clifton at 198 Treece Ln, Clifton, TN, 38425 priced at $1,249,999 pairs $1,972/mo rent with after a $6,118/mo payment. Total monthly income equals $1,972/mo. Return on cash invested is 4.04% in year one, and rental yield stands at 1.89% on a $1,249,999 basis. Equity gained on principal adds $8,066/yr, and 5% annual appreciation accumulates to $345,352 by year five. Five-year ROI measures 17.39% and total cumulative return in cash reaches $70,417. For financing, Ziffy Mortgage’s DSCR program evaluates $1,972/mo property income against a $6,118/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1990
313.30 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 38425, Clifton, TN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,173 (100%) |
| Owner Occupied HU | 633 (54.0%) |
| Renter Occupied HU | 166 (14.2%) |
| Vacant Housing Units | 374 (31.9%) |
| Median Home Value | $190,441 |
| Average Home Value | $280,087 |
Residential
851
Single Family
851
Multi-Family
0
Businesses
60
Date | Event | Price |
|---|---|---|
| 2024-08-31 | Price change | $1,249,999 |
| 2024-05-16 | Price change | $1,299,000 |
| 2024-03-26 | Listed for sale | $1,375,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Jeanine Higgins • Land of The South Realty
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #2620310
Disclaimer: Based on information submitted to the MLS GRID as of 2024-11-19 15:16:22 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/info/mls-disclaimers/#mls_99)
