38 Cityscape VwChattanoogaTN37408
INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play38 Cityscape Vw, Chattanooga, TN, 37408 in Chattanooga is priced for appreciation, not yield. Rental yield 5.25%. At $575,000 with a 5.25% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $158,862 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (0.97) can still finance this property for non-U.S. residents; a 30–35% down payment typically produces the cleanest underwriting for appreciation-focused assets. Total projected cumulative return: $157,807.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.3% | 6.8% |
| Monthly Cash Flow | $(978) | $420 |
City averages based on Chattanooga market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,514 |
| Total Monthly Debt Service | $3,213 |
| DSCR Ratio | 0.78x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 2026
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37408, Chattanooga, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,877 (100%) |
| Owner Occupied HU | 556 (19.3%) |
| Renter Occupied HU | 1,689 (58.7%) |
| Vacant Housing Units | 632 (22.0%) |
| Median Home Value | $452,147 |
| Average Home Value | $509,573 |
Housing Distribution
Address Breakdown
Residential
2,714
Single Family
2,480
Multi-Family
234
Businesses
616
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 2026
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37408, Chattanooga, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,877 (100%) |
| Owner Occupied HU | 556 (19.3%) |
| Renter Occupied HU | 1,689 (58.7%) |
| Vacant Housing Units | 632 (22.0%) |
| Median Home Value | $452,147 |
| Average Home Value | $509,573 |
Housing Distribution
Address Breakdown
Residential
2,714
Single Family
2,480
Multi-Family
234
Businesses
616
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kathryn Jung • GreenTech Homes LLC
Mls Name: Greater Chattanooga Realtors
Mls ID: #1526882