2445 Inverness Dr 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 2445 Inverness Dr NW, Cleveland, TN, 37312 uses $129,252 cash to close to unlock $1,228/yr annual cash flow and $102/mo monthly cash flow. Total monthly income runs $2,436/mo, and a $1,908/mo payment keeps the spread at $102/mo. Purchase price stands at $389,900, and rental yield measures 7.5% with $2,436/mo rent. Return on cash invested shows 20.86% in year one, and 5% annual appreciation builds toward $107,722 over five years. Five-year ROI reaches 107.69% and total cumulative return in cash records $139,189. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,436/mo property income covering a $1,908/mo payment rather than investor’s personal income.
Single Family
Built in 2019
1.15 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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