401 McFarland Rd APT 4Lookout MountainGA30750
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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 Lookout Mountain at 401 McFarland Rd APT 4, Lookout Mountain, GA, 30750 generates $3,208/mo in rent and, after a $2,325/mo payment, leaves $317/mo in cash flow. Total monthly income is $3,208/mo, and annual cash flow is $3,804/yr on $157,463 invested. Return on cash invested sits at 22.32% in year one, and rental yield is 8.1% on a $475,000 entry. Equity gained on principal adds $3,065/yr, while 5% annual appreciation builds toward $131,234 over five years. Five-year ROI reaches 115.64% and total cumulative return in cash sums $182,095. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,208/mo property income rather than buyer’s personal income.
Condo
Built in 1976
6.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30750, Lookout Mountain, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,476 (100%) |
| Owner Occupied HU | 1,113 (75.4%) |
| Renter Occupied HU | 226 (15.3%) |
| Vacant Housing Units | 137 ( 9.3%) |
| Median Home Value | $401,534 |
| Average Home Value | $509,591 |
Housing Distribution
Address Breakdown
Residential
1,438
Single Family
1,415
Multi-Family
23
Businesses
27
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Listed by: Nathan T Walldorf • The Group Real Estate Brokerage
Mls Name: Greater Chattanooga Realtors
Mls ID: #1517586