7000 Spring Place Rd SEClevelandTN37362
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayNot all U.S. investment properties are valued for current income. 7000 Spring Place Rd SE, Cleveland, TN, 37362 in Cleveland at $719,000, 0% gross yield, is a market-growth asset. Rental yield 0%. The $0/mo rent partially funds the $3,408/mo debt service; the core return is the 5%/yr price growth projected to add $198,646 over five years. Ziffy Mortgage's DSCR mortgage (0.00) provides financing for foreign nationals without domestic income checks. A 30–35% down payment often produces the cleanest coverage for low-yield properties.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 5.2% |
| Monthly Cash Flow | $0 | $1,200 |
City averages based on Cleveland market data in our database. Property projections are estimates.
Single Family
Built in 2018
11.09 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37362, Oldfort, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,671 (100%) |
| Owner Occupied HU | 1,179 (70.6%) |
| Renter Occupied HU | 294 (17.6%) |
| Vacant Housing Units | 198 (11.8%) |
| Median Home Value | $133,131 |
| Average Home Value | $198,813 |
Housing Distribution
Address Breakdown
Residential
1,567
Single Family
1,567
Multi-Family
0
Businesses
22
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No similar rental properties found nearby.
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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
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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