1009 Longo DrSoddy DaisyTN37379
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Soddy Daisy at 1009 Longo Dr, Soddy Daisy, TN, 37379 uses $132,103 cash to close to unlock $1,872/yr annual cash flow and $156/mo monthly cash flow. Total monthly income runs $2,541/mo, and a $1,950/mo payment keeps the spread at $156/mo. Purchase price stands at $398,500, and rental yield measures 7.65% with $2,541/mo rent. Return on cash invested shows 21.33% in year one, and 5% annual appreciation builds toward $110,098 over five years. Five-year ROI reaches 110.16% and total cumulative return in cash records $145,525. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,541/mo property income covering a $1,950/mo payment rather than investor’s personal income.
Single Family
Built in 2019
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37379, Soddy Daisy, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,519 (100%) |
| Owner Occupied HU | 9,900 (79.1%) |
| Renter Occupied HU | 1,938 (15.5%) |
| Vacant Housing Units | 681 ( 5.4%) |
| Median Home Value | $378,786 |
| Average Home Value | $416,557 |
Housing Distribution
Address Breakdown
Residential
12,263
Single Family
12,097
Multi-Family
166
Businesses
392
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Arlene M Devita • Blue Key Properties LLC
Mls Name: Greater Chattanooga Realtors
Mls ID: #1518042