308 Turning Leaf TrlClevelandTN37312
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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 308 Turning Leaf Trl, Cleveland, TN, 37312 with 5% annual appreciation on a $379,000 basis while $2,447/mo rent supports operations. Total monthly income totals $2,447/mo and a $1,855/mo payment preserves $178/mo for cash returns. Annual cash flow comes to $2,139/yr on $125,639 deployed, and return on cash invested reaches 21.61% in year one. Equity gained on principal adds $2,446/yr, and five-year appreciation sums $104,711 alongside rental yield of 7.75%. Five-year ROI measures 111.73% and total cumulative return in cash totals $140,375.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,447/mo property income versus a $1,855/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2017
0.72 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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