945 Miller RdSignal 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 945 Miller Rd, Signal Mountain, TN, 37377 listed at $315,000 pairs $2,231/mo rent with a $1,542/mo payment to leave $345/mo cash flow. Total monthly income runs $2,231/mo, and annual cash flow reaches $4,141/yr on $104,423 cash to close. Return on cash invested measures 23.88% in year one, and rental yield registers 8.5% at a $315,000 basis. Equity gained on principal adds $2,033/yr, and annual property appreciation at 5% supports $87,029 by year five. Five-year ROI tracks 123.89% and total cumulative return in cash totals $129,365. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,231/mo property income relative to a $1,542/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1981
2 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: Denise Leach • United Real Estate Experts
Mls Name: Greater Chattanooga Realtors
Mls ID: #1515712