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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Mount Pleasant at 7988 Golf Club Rd, Mount Pleasant, TN, 38474 priced at $1,195,000 converts $5,414/mo rent into after a $5,849/mo obligation. Total monthly income equals $5,414/mo. Return on cash invested prints 14.98% in year one, and rental yield reads 5.44% against a $1,195,000 entry. Equity gained on principal adds $7,711/yr, while 5% annual appreciation compiles into $330,156 by year five. Five-year ROI reaches 76.04% and total cumulative return in cash sums $294,398. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,414/mo property income covering a $5,849/mo payment, not borrower’s personal income.
Single Family
Built in 2009
12.81 Acres lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2024-06-27 | Price change | $1,195,000 |
| 2023-09-15 | Price change | $1,344,995 |
| 2023-06-02 | Price change | $1,450,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-11-13 | $4092.65 | N/A | $214,275 | N/A |
| 2022-11-13 | $4092.65 | 22.08% | $214,275 | 42.95% |
| 2021-11-13 | $3352.36 | N/A | $149,900 | N/A |
Listed by: Katie Baker • Baker Group
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #2671707
Disclaimer: Based on information submitted to the MLS GRID as of 2024-11-13 03:01:31 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)
