31759 State Route 108Gruetli LaagerTN37339
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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
Total monthly income runs $1,403/mo, and a $1,664/mo payment. Purchase price stands at $340,000, and rental yield measures 4.95% with $1,403/mo rent. Return on cash invested shows 13.18% in year one, and 5% annual appreciation builds toward $93,936 over five years. Five-year ROI reaches 66.48% and total cumulative return in cash records $74,934. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,403/mo property income covering a $1,664/mo payment rather than investor’s personal income.
Single Family
Built in 1956
0.70 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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Listed by: Angel Griser • Tennessee Mountain Properties
Mls Name: Greater Chattanooga Realtors
Mls ID: #1518788