800 20th St NEClevelandTN37311
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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
Investment Highlights
Investment property for sale in Cleveland at 800 20th St NE, Cleveland, TN, 37311 uses $86,190 cash to close to unlock $13,022/yr annual cash flow and $1,085/mo monthly cash flow. Total monthly income runs $2,642/mo, and a $1,273/mo payment keeps the spread at $1,085/mo. Purchase price stands at $260,000, and rental yield measures 12.19% with $2,642/mo rent. Return on cash invested shows 35.02% in year one, and 5% annual appreciation builds toward $71,833 over five years. Five-year ROI reaches 183.63% and total cumulative return in cash records $158,273. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,642/mo property income covering a $1,273/mo payment rather than investor’s personal income.
Single Family
Built in 1959
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37311, Cleveland, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,772 (100%) |
| Owner Occupied HU | 5,406 (42.3%) |
| Renter Occupied HU | 6,343 (49.7%) |
| Vacant Housing Units | 1,023 ( 8.0%) |
| Median Home Value | $280,867 |
| Average Home Value | $365,154 |
Housing Distribution
Address Breakdown
Residential
12,231
Single Family
11,132
Multi-Family
1,099
Businesses
1,317
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Listed by: Gabe Cartwright • Century 21 1st Choice REALTORS
Mls Name: RCAR
Mls Provider:
Mls ID: #20252131
Disclaimer: The data relating to real estate for sale on this web site comes in part from the IDX Program of the River Counties Multiple Listing Service, Inc. Copyright 2025. All rights reserved Data is updated as of 2025-10-23 22:55:18 PDT. Some properties, which appear for sale on this web site, may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advised interested parties to confirm the data before relying on it in a purchase decision. Some or all of the listings displayed may not belong to the firm whose website is being visited The information provided is for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.