100 Scenic Hwy APT 49Lookout MountainTN37350
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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 Lookout Mountain at 100 Scenic Hwy APT 49, Lookout Mountain, TN, 37350 listed at $502,400 pairs $2,434/mo rent with a $2,459/mo payment. Total monthly income runs $2,434/mo. Return on cash invested measures 13.09% in year one, and rental yield registers 5.81% at a $502,400 basis. Equity gained on principal adds $3,242/yr, and annual property appreciation at 5% supports $138,804 by year five. Five-year ROI tracks 67.02% and total cumulative return in cash totals $110,777. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,434/mo property income relative to a $2,459/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1976
1 Acres lot
$N/A/sqft
$386 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37350, Lookout Mountain, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 802 (100%) |
| Owner Occupied HU | 696 (86.8%) |
| Renter Occupied HU | 53 ( 6.6%) |
| Vacant Housing Units | 53 ( 6.6%) |
| Median Home Value | $730,061 |
| Average Home Value | $813,254 |
Housing Distribution
Address Breakdown
Residential
824
Single Family
815
Multi-Family
9
Businesses
96
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Nearby investment properties with comparable prices
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