905 Ridgeway AveSignal MountainTN37377
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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 Signal Mountain at 905 Ridgeway Ave, Signal Mountain, TN, 37377 uses $197,367 cash to close to unlock $9,841/yr annual cash flow and $820/mo monthly cash flow. Total monthly income runs $4,411/mo, and a $2,936/mo payment keeps the spread at $820/mo. Purchase price stands at $599,900, and rental yield measures 8.82% with $4,411/mo rent. Return on cash invested shows 25.05% in year one, and 5% annual appreciation builds toward $165,741 over five years. Five-year ROI reaches 130.11% and total cumulative return in cash records $256,792. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,411/mo property income covering a $2,936/mo payment rather than investor’s personal income.
Single Family
Built in 1940
1.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37377, Signal Mountain, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,575 (100%) |
| Owner Occupied HU | 5,630 (74.3%) |
| Renter Occupied HU | 1,414 (18.7%) |
| Vacant Housing Units | 531 ( 7.0%) |
| Median Home Value | $513,025 |
| Average Home Value | $582,518 |
Housing Distribution
Address Breakdown
Residential
6,977
Single Family
6,660
Multi-Family
317
Businesses
338
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Listed by: Collin Rogers • Keller Williams Realty
Mls Name: Greater Chattanooga Realtors
Mls ID: #1522419