196 Fort Stephenson PlLookout 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 196 Fort Stephenson Pl, Lookout Mountain, TN, 37350 earns from $3,685/mo rent with a $7,097/mo payment. Total monthly income totals $3,685/mo. ROI tracks 7.61% on current figures, and rental yield reads 3.05% at a $1,450,000 purchase. Equity gained on principal adds $9,357/yr, and 5% annual appreciation supports $400,608 over five years. Five-year ROI reaches 36.53% and total cumulative return in cash sums $171,633. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,685/mo property income instead of your personal income.
Single Family
Built in 1981
1.50 Acres lot
$N/A/sqft
No 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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Listed by: Gail Jenkins • Keller Williams Realty
Mls Name: Greater Chattanooga Realtors
Mls ID: #1519622