Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Mt Pleasant at 408 Florida Ave, Mt Pleasant, TN, 38474 with 5% annual appreciation on a $300,000 basis while $3,371/mo rent supports operations. Total monthly income totals $3,371/mo and a $1,468/mo payment preserves $1,576/mo for cash returns. Annual cash flow comes to $18,906/yr on $99,450 deployed, and return on cash invested reaches 38.92% in year one. Equity gained on principal adds $1,936/yr, and five-year appreciation sums $82,884 alongside rental yield of 13.48%. Five-year ROI measures 204.52% and total cumulative return in cash totals $203,400.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,371/mo property income versus a $1,468/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1920
0.44 Acres lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2024-10-04 | Price change | $300,000 |
| 2024-08-24 | Listed for sale | $319,900 |
| 2024-08-20 | Pending sale | $319,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-11-13 | $1791.01 | N/A | $49,750 | N/A |
| 2022-11-13 | $1791.01 | 44.12% | $49,750 | 57.19% |
| 2021-11-13 | $1242.71 | 0.77% | $31,650 | N/A |
Listed by: Kerry Wayne Boshers • TriStar Elite Realty
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #2656468
Disclaimer: Based on information submitted to the MLS GRID as of 2024-11-13 03:11:26 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/info/mls-disclaimers/#mls_99)
