702 1st Ave, Mount Pleasant, TN, 38474 | $288/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Mount Pleasant at 702 1st Ave, Mount Pleasant, TN, 38474 uses $62,952 cash to close to unlock $3,452/yr annual cash flow and $288/mo monthly cash flow. Total monthly income runs $1,424/mo, and a $929/mo payment keeps the spread at $288/mo. Purchase price stands at $189,900, and rental yield measures 9% with $1,424/mo rent. Return on cash invested shows 25.39% in year one, and 5% annual appreciation builds toward $52,466 over five years. Five-year ROI reaches 131.99% and total cumulative return in cash records $83,093. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,424/mo property income covering a $929/mo payment rather than investor’s personal income.

Single Family

Built in 1956

0.55 Acres lot

$N/A/sqft

No HOA