3799 May Apple LnSignal MountainTN37377
Nearby investment properties with comparable rents
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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
Rental property for sale in Signal Mountain at 3799 May Apple Ln, Signal Mountain, TN, 37377 priced at $949,000 converts $5,900/mo rent into $219/mo cash flow after a $4,645/mo obligation. Total monthly income equals $5,900/mo, and annual cash flow totals $2,628/yr on $312,221 invested. Return on cash invested prints 20.9% in year one, and rental yield reads 7.46% against a $949,000 entry. Equity gained on principal adds $6,124/yr, while 5% annual appreciation compiles into $262,191 by year five. Five-year ROI reaches 107.87% and total cumulative return in cash sums $336,792. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,900/mo property income covering a $4,645/mo payment, not borrower’s personal income.
Single Family
Built in 2017
1 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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