4331 Lazard StChattanoogaTN37412
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderThe 7.82% yield at 4331 Lazard St, Chattanooga, TN, 37412 in Chattanooga is solid, but the $1,102/mo payment compresses net cash flow to $129/mo at $245,000. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $67,689 by year five, and $2,256/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.45) without U.S. income documentation. Total projected return: $101,020.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.8% | 6.8% |
| Monthly Cash Flow | $129 | $420 |
City averages based on Chattanooga market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,596 |
| Total Monthly Debt Service | $1,369 |
| DSCR Ratio | 1.17x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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.
Multi Family
Built in 1967
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37412, Chattanooga, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,355 (100%) |
| Owner Occupied HU | 5,589 (54.0%) |
| Renter Occupied HU | 4,051 (39.1%) |
| Vacant Housing Units | 715 ( 6.9%) |
| Median Home Value | $225,861 |
| Average Home Value | $310,574 |
Housing Distribution
Address Breakdown
Residential
9,923
Single Family
8,327
Multi-Family
1,596
Businesses
885
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
Multi Family
Built in 1967
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37412, Chattanooga, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,355 (100%) |
| Owner Occupied HU | 5,589 (54.0%) |
| Renter Occupied HU | 4,051 (39.1%) |
| Vacant Housing Units | 715 ( 6.9%) |
| Median Home Value | $225,861 |
| Average Home Value | $310,574 |
Housing Distribution
Address Breakdown
Residential
9,923
Single Family
8,327
Multi-Family
1,596
Businesses
885
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Greater Chattanooga Realtors
Mls ID: #1529920