Davidson Plan, Summit ViewClevelandTN37312
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
Rental property for sale in Cleveland at Davidson Plan, Summit View, Cleveland, TN, 37312 priced at $406,400 pairs $2,794/mo rent with $361/mo cash flow after a $1,989/mo payment. Total monthly income equals $2,794/mo, and annual cash flow comes to $4,336/yr on $134,722 invested. Return on cash invested is 23.13% in year one, and rental yield stands at 8.25% on a $406,400 basis. Equity gained on principal adds $2,622/yr, and 5% annual appreciation accumulates to $112,281 by year five. Five-year ROI measures 119.85% and total cumulative return in cash reaches $161,469. For financing, Ziffy Mortgage’s DSCR program evaluates $2,794/mo property income against a $1,989/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
N/A 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
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