8358 Front Gate CirOoltewahTN37363
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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 Ooltewah at 8358 Front Gate Cir, Ooltewah, TN, 37363 priced at $619,300 converts $3,668/mo rent into after a $3,031/mo obligation. Total monthly income equals $3,668/mo. Return on cash invested prints 19.57% in year one, and rental yield reads 7.11% against a $619,300 entry. Equity gained on principal adds $3,996/yr, while 5% annual appreciation compiles into $171,101 by year five. Five-year ROI reaches 100.78% and total cumulative return in cash sums $205,343. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,668/mo property income covering a $3,031/mo payment, not borrower’s personal income.
Single Family
Built in 2011
1 Acres lot
$N/A/sqft
$45 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37363, Ooltewah, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,885 (100%) |
| Owner Occupied HU | 12,894 (72.1%) |
| Renter Occupied HU | 3,742 (20.9%) |
| Vacant Housing Units | 1,249 ( 7.0%) |
| Median Home Value | $385,069 |
| Average Home Value | $432,465 |
Housing Distribution
Address Breakdown
Residential
17,659
Single Family
16,798
Multi-Family
861
Businesses
805
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