8121 Highway 156South PittsburgTN37380
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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 South Pittsburg at 8121 Highway 156, South Pittsburg, TN, 37380 offers a 3.69% rental yield on a $1,450,000 purchase with $4,464/mo rent. 6% in year one. Equity gained on principal adds $9,357/yr while 5% annual appreciation supports $400,608 over five years. Portfolio math shows five-year ROI at 47.2% and total cumulative return in cash at $221,757. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,464/mo property income against a $7,097/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1996
10.77 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37380, South Pittsburg, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,023 (100%) |
| Owner Occupied HU | 1,920 (63.5%) |
| Renter Occupied HU | 726 (24.0%) |
| Vacant Housing Units | 377 (12.5%) |
| Median Home Value | $213,799 |
| Average Home Value | $256,471 |
Housing Distribution
Address Breakdown
Residential
2,855
Single Family
2,792
Multi-Family
63
Businesses
288
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Listed by: Garrett Cox • Crye-Leike, REALTORS
Mls Name: Greater Chattanooga Realtors
Mls ID: #1525303