355 Apache Trl 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
Rental property for sale in Cleveland at 355 Apache Trl NW, Cleveland, TN, 37312 generates $2,478/mo in rent and, after a $1,762/mo payment, leaves $323/mo in cash flow. Total monthly income is $2,478/mo, and annual cash flow is $3,876/yr on $119,340 invested. Return on cash invested sits at 23.16% in year one, and rental yield is 8.26% on a $360,000 entry. Equity gained on principal adds $2,323/yr, while 5% annual appreciation builds toward $99,461 over five years. Five-year ROI reaches 119.98% and total cumulative return in cash sums $143,181. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,478/mo property income rather than buyer’s personal income.
Single Family
Built in 1964
0.48 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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