8 Cosmic WayLookout 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
Investment property for sale in Lookout Mountain at 8 Cosmic Way, Lookout Mountain, GA, 30750 earns $661/mo cash flow from $2,030/mo rent with a $1,101/mo payment. Total monthly income totals $2,030/mo, and annual cash flow totals $7,930/yr on $74,588 capital. ROI tracks 30.54% on current figures, and rental yield reads 10.83% at a $225,000 purchase. Equity gained on principal adds $1,452/yr, and 5% annual appreciation supports $62,163 over five years. Five-year ROI reaches 159.72% and total cumulative return in cash sums $119,133. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,030/mo property income instead of your personal income.
Manufactured
Built in 1985
0.65 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: Jake Kellerhals • Keller Williams Realty
Mls Name: Greater Chattanooga Realtors
Mls ID: #1519700