944 Jenkins Rd NEClevelandTN37312
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 944 Jenkins Rd NE, Cleveland, TN, 37312 earns $1,058/mo cash flow from $2,794/mo rent with a $1,419/mo payment. Total monthly income totals $2,794/mo, and annual cash flow totals $12,701/yr on $96,135 capital. ROI tracks 33.12% on current figures, and rental yield reads 11.56% at a $290,000 purchase. Equity gained on principal adds $1,871/yr, and 5% annual appreciation supports $80,122 over five years. Five-year ROI reaches 173.45% and total cumulative return in cash sums $166,744. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,794/mo property income instead of your personal income.
Single Family
Built in 1938
1.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37312, Cleveland, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,186 (100%) |
| Owner Occupied HU | 9,889 (61.1%) |
| Renter Occupied HU | 5,468 (33.8%) |
| Vacant Housing Units | 829 ( 5.1%) |
| Median Home Value | $308,973 |
| Average Home Value | $393,088 |
Housing Distribution
Address Breakdown
Residential
15,483
Single Family
14,888
Multi-Family
595
Businesses
1,013
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices