651 Lupton DrChattanoogaTN37415
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 Chattanooga at 651 Lupton Dr, Chattanooga, TN, 37415 offers $1,990/mo rent that, after a $1,052/mo payment, leaves $703/mo cash flow. Total monthly income is $1,990/mo, and annual cash flow is $8,439/yr on $71,273 cash. Return on cash invested measures 31.75% in year one, and rental yield stands at 11.11% at a $215,000 entry. Equity gained on principal adds $1,387/yr while 5% annual appreciation compounds into $59,401 by year five. Five-year ROI records 166.13% and total cumulative return in cash reaches $118,405. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,990/mo property income versus a $1,052/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1946
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37415, Chattanooga, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,295 (100%) |
| Owner Occupied HU | 6,857 (55.8%) |
| Renter Occupied HU | 4,589 (37.3%) |
| Vacant Housing Units | 849 ( 6.9%) |
| Median Home Value | $338,799 |
| Average Home Value | $401,665 |
Housing Distribution
Address Breakdown
Residential
12,401
Single Family
10,094
Multi-Family
2,307
Businesses
880
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kurt Olson • Keller Williams Realty
Mls Name: Greater Chattanooga Realtors
Mls ID: #1524730