2265 Gunbarrel Rd #L8HYRYL8hyry ChattanoogaTN37421
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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 L8hyry Chattanooga at 2265 Gunbarrel Rd #L8HYRY, L8hyry Chattanooga, TN, 37421 priced at $255,500 converts $2,346/mo rent into $816/mo cash flow after a $1,251/mo obligation. Total monthly income equals $2,346/mo, and annual cash flow totals $9,793/yr on $84,698 invested. Return on cash invested prints 31.47% in year one, and rental yield reads 11.02% against a $255,500 entry. Equity gained on principal adds $1,649/yr, while 5% annual appreciation compiles into $70,590 by year five. Five-year ROI reaches 164.63% and total cumulative return in cash sums $139,437. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,346/mo property income covering a $1,251/mo payment, not borrower’s personal income.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37421, Chattanooga, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,881 (100%) |
| Owner Occupied HU | 13,361 (55.9%) |
| Renter Occupied HU | 8,968 (37.6%) |
| Vacant Housing Units | 1,552 ( 6.5%) |
| Median Home Value | $353,624 |
| Average Home Value | $388,779 |
Housing Distribution
Address Breakdown
Residential
23,398
Single Family
17,809
Multi-Family
5,589
Businesses
2,544
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Listed by: N/A • N/A
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Mls ID: #N/A