356 Bellingham Dr NEClevelandTN37312
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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 356 Bellingham Dr NE, Cleveland, TN, 37312 offers a 8.14% rental yield on a $256,400 purchase with $1,740/mo rent. Total monthly income registers $1,740/mo, and a $1,255/mo payment leaves $120/mo available for distribution. Annual cash flow reaches $1,441/yr on $84,997 to close, and return on cash invested stands at 21.6% in year one. Equity gained on principal adds $1,655/yr while 5% annual appreciation supports $70,839 over five years. Portfolio math shows five-year ROI at 112.16% and total cumulative return in cash at $95,331. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,740/mo property income against a $1,255/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2025
2,613 sqft lot
$N/A/sqft
$85 monthly 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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Listed by: Tia Griffin • The Group Real Estate Brokerage
Mls Name: RCAR
Mls Provider:
Mls ID: #20252363
Disclaimer: The data relating to real estate for sale on this web site comes in part from the IDX Program of the River Counties Multiple Listing Service, Inc. Copyright 2025. All rights reserved Data is updated as of 2025-05-28 07:25:35 PDT. Some properties, which appear for sale on this web site, may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advised interested parties to confirm the data before relying on it in a purchase decision. Some or all of the listings displayed may not belong to the firm whose website is being visited The information provided is for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.