10389 Summer City RdSpring cityTN37381
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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
Total monthly income runs $1,459/mo, and a $3,916/mo payment. Purchase price stands at $800,000, and rental yield measures 2.19% with $1,459/mo rent. Return on cash invested shows 4.88% in year one, and 5% annual appreciation builds toward $221,025 over five years. Five-year ROI reaches 21.93% and total cumulative return in cash records $57,716. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,459/mo property income covering a $3,916/mo payment rather than investor’s personal income.
Single Family
Built in 2007
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37381, Spring City, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,166 (100%) |
| Owner Occupied HU | 3,219 (62.3%) |
| Renter Occupied HU | 818 (15.8%) |
| Vacant Housing Units | 1,129 (21.9%) |
| Median Home Value | $277,466 |
| Average Home Value | $330,309 |
Housing Distribution
Address Breakdown
Residential
4,499
Single Family
4,468
Multi-Family
31
Businesses
198
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Listed by: BJ Brown • Crye-Leike Brown Realty
Mls Name: Greater Chattanooga Realtors
Mls ID: #1525092