911 Emmett Ave NWClevelandTN37311
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who treat current yield as secondary to long-run equity growth will find 911 Emmett Ave NW, Cleveland, TN, 37311 in Cleveland worth modelling. At $215,000 with a 8.08% gross yield, the $1,448/mo rent leaves $161/mo after the $1,019/mo payment, sufficient to cover costs, modest in distribution. Ziffy Mortgage's 1.42 DSCR loan can finance the acquisition without personal income documentation. Appreciation of 5%/yr is projected to add $59,401 by year five; $1,802/yr in principal reduction adds further equity. Total projected return: $87,703.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.1% | 5.2% |
| Monthly Cash Flow | $161 | $1,200 |
City averages based on Cleveland market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $1,448 |
| Total Monthly Debt Service | $1,254 |
| DSCR Ratio | 1.15x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1946
9,147 sqft 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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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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Nearby investment properties with comparable prices
