8031 Standifer Gap RdChattanoogaTN37421
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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 Chattanooga at 8031 Standifer Gap Rd, Chattanooga, TN, 37421 generates $2,501/mo in rent and, after a $1,454/mo payment, leaves $723/mo in cash flow. Total monthly income is $2,501/mo, and annual cash flow is $8,673/yr on $98,456 invested. Return on cash invested sits at 28.72% in year one, and rental yield is 10.11% on a $297,000 entry. Equity gained on principal adds $1,916/yr, while 5% annual appreciation builds toward $82,056 over five years. Five-year ROI reaches 149.82% and total cumulative return in cash sums $147,510. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,501/mo property income rather than buyer’s personal income.
Single Family
Built in 1987
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37421, Chattanooga, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,881 (100%) |
| Owner Occupied HU | 13,361 (55.9%) |
| Renter Occupied HU | 8,968 (37.6%) |
| Vacant Housing Units | 1,552 ( 6.5%) |
| Median Home Value | $353,624 |
| Average Home Value | $388,779 |
Housing Distribution
Address Breakdown
Residential
23,398
Single Family
17,809
Multi-Family
5,589
Businesses
2,544
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Listed by: Tim Carter • Keller Williams Realty
Mls Name: Greater Chattanooga Realtors
Mls ID: #1524333