314 Fairy TrlLookout 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 314 Fairy Trl, Lookout Mountain, TN, 37350 with 5% annual appreciation on a $1,695,000 basis while $4,901/mo rent supports operations. 91% in year one. Equity gained on principal adds $10,938/yr, and five-year appreciation sums $468,297 alongside rental yield of 3.47%. Five-year ROI measures 43.48% and total cumulative return in cash totals $238,785. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,901/mo property income versus a $8,296/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1978
0.67 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: Jay Robinson • Keller Williams Realty
Mls Name: Greater Chattanooga Realtors
Mls ID: #1521811