3918 Billie Ln NEClevelandTN37323
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
Rental property for sale in Cleveland at 3918 Billie Ln NE, Cleveland, TN, 37323 priced at $366,070 pairs $2,274/mo rent with $53/mo cash flow after a $1,792/mo payment. Total monthly income equals $2,274/mo, and annual cash flow comes to $639/yr on $121,352 invested. Return on cash invested is 20.44% in year one, and rental yield stands at 7.45% on a $366,070 basis. Equity gained on principal adds $2,362/yr, and 5% annual appreciation accumulates to $101,138 by year five. Five-year ROI measures 105.53% and total cumulative return in cash reaches $128,059. For financing, Ziffy Mortgage’s DSCR program evaluates $2,274/mo property income against a $1,792/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
5,227 sqft lot
$N/A/sqft
$350 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: Eric S Casey • DHI Inc
Mls Name: Greater Chattanooga Realtors
Mls ID: #1510182
Disclaimer: IDX information is provided exclusively for consumers personal, noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. Zillow, Inc. does not display the entire MLS of Chattanooga, Inc. database on this website. The listings of some real estate brokerage firms have been excluded. Some or all of the listings displayed may not belong to the firm whose website is being visited Copyright 2025 by Chattanooga Association of REALTORS