297 Eagle Creek Rd NWClevelandTN37312
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 297 Eagle Creek Rd NW, Cleveland, TN, 37312 at $589,000 posts ROI 15.53% with from $2,794/mo rent. Total monthly income equals $2,794/mo. Return on cash invested measures 15.53% and rental yield reads 5.69% at the current $589,000. Equity gained on principal adds $3,801/yr, and 5% annual appreciation supports $162,730 by year five. Five-year ROI prints 79.07% and total cumulative return in cash totals $153,218. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,794/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2025
0.30 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices