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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% |
Investment property for sale in Mount Pleasant at 8700 Enterprise Rd, Mount Pleasant, TN, 38474 listed at $985,900 pairs $4,615/mo rent with a $4,825/mo payment. Total monthly income runs $4,615/mo. Return on cash invested measures 15.3% in year one, and rental yield registers 5.62% at a $985,900 basis. Equity gained on principal adds $6,362/yr, and annual property appreciation at 5% supports $272,386 by year five. Five-year ROI tracks 77.83% and total cumulative return in cash totals $252,461. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,615/mo property income relative to a $4,825/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2022
11.67 Acres lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2024-11-07 | Listed for sale | $985,900 |
| 2024-10-13 | Listing removed | $995,900 |
| 2024-09-04 | Listed for sale | $995,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-11-13 | $3084.65 | 753.36% | $161,500 | 753.37% |
| 2022-11-13 | $361.47 | -5.06% | $18,925 | 11.16% |
| 2021-11-13 | $380.75 | N/A | $17,025 | N/A |
Listed by: Candice M. Van Bibber-Jefferson • eXp Realty
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #2757048
Disclaimer: Based on information submitted to the MLS GRID as of 2024-11-13 03:06:42 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)
