1009 N Hawthorne StChattanoogaTN37406
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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 Chattanooga at 1009 N Hawthorne St, Chattanooga, TN, 37406 with 5% annual appreciation on a $250,000 basis while $1,168/mo rent supports operations. 15% in year one. Equity gained on principal adds $1,613/yr, and five-year appreciation sums $69,070 alongside rental yield of 5.61%. Five-year ROI measures 77.09% and total cumulative return in cash totals $63,886. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,168/mo property income versus a $1,224/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1920
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37406, Chattanooga, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,178 (100%) |
| Owner Occupied HU | 2,684 (43.4%) |
| Renter Occupied HU | 2,840 (46.0%) |
| Vacant Housing Units | 654 (10.6%) |
| Median Home Value | $224,742 |
| Average Home Value | $284,553 |
Housing Distribution
Address Breakdown
Residential
5,414
Single Family
5,242
Multi-Family
172
Businesses
714
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Listed by: Joel King • Keller Williams Realty
Mls Name: Greater Chattanooga Realtors
Mls ID: #1525040