609 Albert RdSignal MountainTN37377
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
Investment Highlights
Rental property for sale in Signal Mountain at 609 Albert Rd, Signal Mountain, TN, 37377 priced at $417,000 converts $3,926/mo rent into $1,430/mo cash flow after a $2,041/mo obligation. Total monthly income equals $3,926/mo, and annual cash flow totals $17,157/yr on $138,236 invested. Return on cash invested prints 32.32% in year one, and rental yield reads 11.3% against a $417,000 entry. Equity gained on principal adds $2,691/yr, while 5% annual appreciation compiles into $115,209 by year five. Five-year ROI reaches 169.13% and total cumulative return in cash sums $233,797. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,926/mo property income covering a $2,041/mo payment, not borrower’s personal income.
Single Family
Built in 1968
0.91 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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Nearby investment properties with comparable prices
Listed by: Todd Henon • Keller Williams Realty
Mls Name: Greater Chattanooga Realtors
Mls ID: #1512859
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