342 Miller RdSignal MountainTN37377
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
Investment Highlights
Investment property for sale in Signal Mountain at 342 Miller Rd, Signal Mountain, TN, 37377 at $359,000 posts ROI 23.34% with $340/mo cash flow from $2,489/mo rent. Total monthly income equals $2,489/mo, and annual cash flow records $4,081/yr on $119,009 to close. Return on cash invested measures 23.34% and rental yield reads 8.32% at the current $359,000. Equity gained on principal adds $2,317/yr, and 5% annual appreciation supports $99,185 by year five. Five-year ROI prints 121% and total cumulative return in cash totals $143,995.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,489/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2004
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37377, Signal Mountain, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,575 (100%) |
| Owner Occupied HU | 5,630 (74.3%) |
| Renter Occupied HU | 1,414 (18.7%) |
| Vacant Housing Units | 531 ( 7.0%) |
| Median Home Value | $513,025 |
| Average Home Value | $582,518 |
Housing Distribution
Address Breakdown
Residential
6,977
Single Family
6,660
Multi-Family
317
Businesses
338
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Nearby investment properties with comparable prices
Listed by: Anny Jones • Keller Williams Realty
Mls Name: Greater Chattanooga Realtors
Mls ID: #1516792