106B Founding Way #28Lookout MountainGA30750
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 106B Founding Way #28, Lookout Mountain, GA, 30750 in Lookout Mountain deserves attention. This $419,900 property earns $3,720/mo in rent, a 10.63% gross yield, and nets $1,164/mo after the $1,888/mo payment. DSCR 1.97 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $116,011 compounds alongside $3,867/yr in yearly equity build, for a total cumulative return of $233,980.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.6% | 6.0% |
| Monthly Cash Flow | $1,164 | $800 |
City averages based on Lookout Mountain market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,720 |
| Total Monthly Debt Service | $2,389 |
| DSCR Ratio | 1.56x |
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 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 2025
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30750, Lookout Mountain, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,476 (100%) |
| Owner Occupied HU | 1,113 (75.4%) |
| Renter Occupied HU | 226 (15.3%) |
| Vacant Housing Units | 137 ( 9.3%) |
| Median Home Value | $401,534 |
| Average Home Value | $509,591 |
Housing Distribution
Address Breakdown
Residential
1,438
Single Family
1,415
Multi-Family
23
Businesses
27
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
Townhouse
Built in 2025
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30750, Lookout Mountain, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,476 (100%) |
| Owner Occupied HU | 1,113 (75.4%) |
| Renter Occupied HU | 226 (15.3%) |
| Vacant Housing Units | 137 ( 9.3%) |
| Median Home Value | $401,534 |
| Average Home Value | $509,591 |
Housing Distribution
Address Breakdown
Residential
1,438
Single Family
1,415
Multi-Family
23
Businesses
27
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ila R Wills • Pratt Homes, LLC
Mls Name: Greater Chattanooga Realtors
Mls ID: #1519042