3235 Rolling Meadow WayClevelandTN37323
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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 3235 Rolling Meadow Way, Cleveland, TN, 37323 uses $132,600 cash to close to unlock $444/yr annual cash flow and $37/mo monthly cash flow. Total monthly income runs $2,465/mo, and a $1,958/mo payment keeps the spread at $37/mo. Purchase price stands at $400,000, and rental yield measures 7.4% with $2,465/mo rent. Return on cash invested shows 20.24% in year one, and 5% annual appreciation builds toward $110,513 over five years. Five-year ROI reaches 104.47% and total cumulative return in cash records $138,532. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,465/mo property income covering a $1,958/mo payment rather than investor’s personal income.
Single Family
Built in 2022
8,276 sqft lot
$N/A/sqft
$400 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37323, Cleveland, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,311 (100%) |
| Owner Occupied HU | 10,088 (75.8%) |
| Renter Occupied HU | 2,434 (18.3%) |
| Vacant Housing Units | 789 ( 5.9%) |
| Median Home Value | $271,581 |
| Average Home Value | $302,382 |
Housing Distribution
Address Breakdown
Residential
12,682
Single Family
12,563
Multi-Family
119
Businesses
318
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Listed by: Christopher George • Walton George Realty Group
Mls Name: East Tennessee Realtors
Mls Provider:
Mls ID: #1304833
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Listing Information presented by local MLS brokerage: Zillow, Inc., local broker - Hendrik Van Leesten - (865) 378-5282.