154 Founding Way #BLookout MountainGA30750
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderNot flashy, but dependably profitable, 154 Founding Way #B, Lookout Mountain, GA, 30750 in Lookout Mountain is listed at $445,000 and delivers $2,930/mo in rent and $222/mo in net monthly cash flow. The 7.9% yield and 1.46 DSCR provide the underwriting comfort Ziffy Mortgage needs to approve a DSCR loan without W-2 or tax-return documentation. Projected 5% annual appreciation adds $122,945 over five years, and $4,098/yr in principal reduction supplements cash return. Total projected cumulative return: $182,822.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.9% | 6.0% |
| Monthly Cash Flow | $222 | $800 |
City averages based on Lookout Mountain market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,930 |
| Total Monthly Debt Service | $2,531 |
| DSCR Ratio | 1.16x |
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.
Condo
Built in 2022
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
Condo
Built in 2022
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: Shauna Cochran • RE/MAX Real Estate Center
Mls Name: Greater Chattanooga Realtors
Mls ID: #1518515