320 Elk DrDunlapTN37327
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeNot flashy, but dependably profitable, 320 Elk Dr, Dunlap, TN, 37327 in Dunlap is listed at $139,900 and delivers $1,134/mo in rent and $297/mo in net monthly cash flow. The 9.73% yield and 1.80 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 $38,652 over five years, and $1,288/yr in principal reduction supplements cash return. Total projected cumulative return: $72,052.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 9.7% | 6.2% |
| Monthly Cash Flow | $297 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,134 |
| Total Monthly Debt Service | $782 |
| DSCR Ratio | 1.45x |
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.
Single Family
Built in 2018
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37327, Dunlap, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,007 (100%) |
| Owner Occupied HU | 3,977 (66.2%) |
| Renter Occupied HU | 1,391 (23.2%) |
| Vacant Housing Units | 639 (10.6%) |
| Median Home Value | $253,426 |
| Average Home Value | $303,380 |
Housing Distribution
Address Breakdown
Residential
5,188
Single Family
5,041
Multi-Family
147
Businesses
381
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
Single Family
Built in 2018
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37327, Dunlap, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,007 (100%) |
| Owner Occupied HU | 3,977 (66.2%) |
| Renter Occupied HU | 1,391 (23.2%) |
| Vacant Housing Units | 639 (10.6%) |
| Median Home Value | $253,426 |
| Average Home Value | $303,380 |
Housing Distribution
Address Breakdown
Residential
5,188
Single Family
5,041
Multi-Family
147
Businesses
381
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Joyce E Houk • LPT Realty LLC
Mls Name: Greater Chattanooga Realtors
Mls ID: #1500743
Disclaimer: IDX information is provided exclusively for consumers personal, noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. Zillow, Inc. does not display the entire MLS of Chattanooga, Inc. database on this website. The listings of some real estate brokerage firms have been excluded. Some or all of the listings displayed may not belong to the firm whose website is being visited Copyright 2025 by Chattanooga Association of REALTORS