3638 Northrop StLupton CityTN37351
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 Lupton City at 3638 Northrop St, Lupton City, TN, 37351 uses $82,842 cash to close to unlock $2,738/yr annual cash flow and $228/mo monthly cash flow. Total monthly income runs $1,724/mo, and a $1,223/mo payment keeps the spread at $228/mo. Purchase price stands at $249,900, and rental yield measures 8.28% with $1,724/mo rent. Return on cash invested shows 23.21% in year one, and 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 120.33% and total cumulative return in cash records $99,686. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,724/mo property income covering a $1,223/mo payment rather than investor’s personal income.
Single Family
Built in 1930
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37351, Lupton City, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 208 (100%) |
| Owner Occupied HU | 148 (71.2%) |
| Renter Occupied HU | 38 (18.3%) |
| Vacant Housing Units | 22 (10.6%) |
| Median Home Value | $385,714 |
| Average Home Value | $381,284 |
Housing Distribution
Address Breakdown
Residential
210
Single Family
210
Multi-Family
0
Businesses
1
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Listed by: Sherry Lawrence • Zach Taylor - Chattanooga
Mls Name: Greater Chattanooga Realtors
Mls ID: #1525285