10 Kellys Ferry AveChattanoogaTN37419
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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 Chattanooga at 10 Kellys Ferry Ave, Chattanooga, TN, 37419 priced at $235,000 pairs $2,004/mo rent with $597/mo cash flow after a $1,150/mo payment. Total monthly income equals $2,004/mo, and annual cash flow comes to $7,170/yr on $77,903 invested. Return on cash invested is 29.11% in year one, and rental yield stands at 10.23% on a $235,000 basis. Equity gained on principal adds $1,516/yr, and 5% annual appreciation accumulates to $64,926 by year five. Five-year ROI measures 151.96% and total cumulative return in cash reaches $118,384. For financing, Ziffy Mortgage’s DSCR program evaluates $2,004/mo property income against a $1,150/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1940
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37419, Chattanooga, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,122 (100%) |
| Owner Occupied HU | 2,201 (70.5%) |
| Renter Occupied HU | 626 (20.1%) |
| Vacant Housing Units | 295 ( 9.4%) |
| Median Home Value | $384,831 |
| Average Home Value | $461,545 |
Housing Distribution
Address Breakdown
Residential
3,076
Single Family
3,073
Multi-Family
3
Businesses
213
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Listed by: Asher Black • Keller Williams Realty
Mls Name: Greater Chattanooga Realtors
Mls ID: #1518401