103 Benton DrRinggoldGA30736
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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
Rental property for sale in Ringgold at 103 Benton Dr, Ringgold, GA, 30736 priced at $325,000 converts $3,295/mo rent into $1,317/mo cash flow after a $1,591/mo obligation. Total monthly income equals $3,295/mo, and annual cash flow totals $15,801/yr on $107,738 invested. Return on cash invested prints 34.57% in year one, and rental yield reads 12.17% against a $325,000 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation compiles into $89,792 by year five. Five-year ROI reaches 181.35% and total cumulative return in cash sums $195,385. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,295/mo property income covering a $1,591/mo payment, not borrower’s personal income.
Single Family
Built in 1966
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30736, Ringgold, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,097 (100%) |
| Owner Occupied HU | 13,898 (76.8%) |
| Renter Occupied HU | 3,217 (17.8%) |
| Vacant Housing Units | 982 ( 5.4%) |
| Median Home Value | $295,727 |
| Average Home Value | $346,943 |
Housing Distribution
Address Breakdown
Residential
17,352
Single Family
17,351
Multi-Family
1
Businesses
1,086
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Listed by: David Henson • Keller Williams Realty
Mls Name: Greater Chattanooga Realtors
Mls ID: #1398404
Disclaimer: IDX information is provided exclusively for consumers personal, noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. Zillow, Inc. does not display the entire MLS of Chattanooga, Inc. database on this website. The listings of some real estate brokerage firms have been excluded. Some or all of the listings displayed may not belong to the firm whose website is being visited Copyright 2024 by Chattanooga Association of REALTORS