Under $500K Investment Properties for Sale in Chattanooga, TN
77- 4 Bed
- 3 Bath
- 2900 sft
529- 4 Bed
- 3 Bath
- 2200 sft
86- 2 Bed
- 2 Bath
- 1304 sft
403- 3 Bed
- 2 Bath
- 1008 sft
Why Invest in Chattanooga, Tennessee?
Chattanooga, TN offers strong investment opportunities in properties under $500k, with median home prices around $330k providing excellent entry points for cash-flowing rentals. Rental yields average 6-8% in value neighborhoods priced $250k-$350k, supported by steady job growth and in-migration. Cap rates remain attractive at 7-9% for single-family homes under budget, while annual appreciation of 3% ensures long-term gains. Increased inventory reduces competition, allowing investors to secure deals near asking price with healthy demand from young professionals and families.
Frequently Asked Questions
Investors see average cash flow of $450/month with 7-8% rental yields on properties around $300k-$350k. Cap rates range 7-9%, bolstered by low vacancy and steady appreciation. Focus on East Brainerd or Ooltewah for best performance.
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