737 Miller Cove RdSignal MountainTN37377
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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 Signal Mountain at 737 Miller Cove Rd, Signal Mountain, TN, 37377 generates $2,136/mo in rent, after a $2,692/mo payment. Total monthly income is $2,136/mo. Return on cash invested sits at 12.39% in year one, and rental yield is 4.66% on a $550,000 entry. Equity gained on principal adds $3,549/yr, while 5% annual appreciation builds toward $151,955 over five years. Five-year ROI reaches 62.23% and total cumulative return in cash sums $112,606. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,136/mo property income rather than buyer’s personal income.
Single Family
Built in 1989
3.89 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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Listed by: Jay Robinson • Keller Williams Realty
Mls Name: Greater Chattanooga Realtors
Mls ID: #1519398