3800 Colony RdGruetli LaagerTN37339
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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 Gruetli Laager at 3800 Colony Rd, Gruetli Laager, TN, 37339 generates $2,088/mo in rent, after a $1,953/mo payment. Total monthly income is $2,088/mo. Return on cash invested sits at 17.18% in year one, and rental yield is 6.28% on a $399,000 entry. Equity gained on principal adds $2,575/yr, while 5% annual appreciation builds toward $110,236 over five years. Five-year ROI reaches 87.97% and total cumulative return in cash sums $116,354. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,088/mo property income rather than buyer’s personal income.
Manufactured
Built in 2015
34.04 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37339, Gruetli Laager, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 837 (100%) |
| Owner Occupied HU | 650 (77.7%) |
| Renter Occupied HU | 104 (12.4%) |
| Vacant Housing Units | 83 ( 9.9%) |
| Median Home Value | $158,280 |
| Average Home Value | $176,500 |
Housing Distribution
Address Breakdown
Residential
531
Single Family
531
Multi-Family
0
Businesses
35
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Nearby investment properties with comparable prices
Listed by: Tim Dean • Century 21 Professional Group
Mls Name: Greater Chattanooga Realtors
Mls ID: #1525496