8408 Summers Park LnSoddy DaisyTN37379
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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 Soddy Daisy at 8408 Summers Park Ln, Soddy Daisy, TN, 37379 uses $52,377 cash to close to unlock $14,526/yr annual cash flow and $1,211/mo monthly cash flow. Total monthly income runs $2,156/mo, and a $773/mo payment keeps the spread at $1,211/mo. Purchase price stands at $158,000, and rental yield measures 16.37% with $2,156/mo rent. Return on cash invested shows 47.64% in year one, and 5% annual appreciation builds toward $43,652 over five years. Five-year ROI reaches 251.33% and total cumulative return in cash records $131,638. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,156/mo property income covering a $773/mo payment rather than investor’s personal income.
Manufactured
Built in 2016
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37379, Soddy Daisy, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,519 (100%) |
| Owner Occupied HU | 9,900 (79.1%) |
| Renter Occupied HU | 1,938 (15.5%) |
| Vacant Housing Units | 681 ( 5.4%) |
| Median Home Value | $378,786 |
| Average Home Value | $416,557 |
Housing Distribution
Address Breakdown
Residential
12,263
Single Family
12,097
Multi-Family
166
Businesses
392
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Listed by: Ralph Harvey • ListWithFreedom.com
Mls Name: Greater Chattanooga Realtors
Mls ID: #1513206
Disclaimer: IDX information is provided exclusively for consumers personal, noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. Zillow, Inc. does not display the entire MLS of Chattanooga, Inc. database on this website. The listings of some real estate brokerage firms have been excluded. Some or all of the listings displayed may not belong to the firm whose website is being visited Copyright 2025 by Chattanooga Association of REALTORS