1363 Bass Layne RdGruetli LaagerTN37339
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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 Gruetli Laager at 1363 Bass Layne Rd, Gruetli Laager, TN, 37339 earns from $1,440/mo rent with a $1,762/mo payment. Total monthly income totals $1,440/mo. ROI tracks 12.72% on current figures, and rental yield reads 4.8% at a $360,000 purchase. Equity gained on principal adds $2,323/yr, and 5% annual appreciation supports $99,461 over five years. Five-year ROI reaches 64.01% and total cumulative return in cash sums $76,389. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,440/mo property income instead of your personal income.
Single Family
Built in 1931
30.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37339, Gruetli Laager, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 837 (100%) |
| Owner Occupied HU | 650 (77.7%) |
| Renter Occupied HU | 104 (12.4%) |
| Vacant Housing Units | 83 ( 9.9%) |
| Median Home Value | $158,280 |
| Average Home Value | $176,500 |
Housing Distribution
Address Breakdown
Residential
531
Single Family
531
Multi-Family
0
Businesses
35
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Nearby investment properties with comparable prices
Listed by: Grace Edrington • Berkshire Hathaway HomeServices J Douglas Properties
Mls Name: Greater Chattanooga Realtors
Mls ID: #1525051