2702 Ocoee St NClevelandTN37312
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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 2702 Ocoee St N, Cleveland, TN, 37312 earns from $4,406/mo rent with a $7,092/mo payment. Total monthly income totals $4,406/mo. ROI tracks 9.46% on current figures, and rental yield reads 3.65% at a $1,449,000 purchase. Equity gained on principal adds $9,350/yr, and 5% annual appreciation supports $400,332 over five years. Five-year ROI reaches 46.45% and total cumulative return in cash sums $218,071. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,406/mo property income instead of your personal income.
Single Family
Built in 1910
1.94 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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