1105 Elm AveSouth PittsburgTN37380
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
Rental property for sale in South Pittsburg at 1105 Elm Ave, South Pittsburg, TN, 37380 priced at $179,000 pairs $1,513/mo rent with $442/mo cash flow after a $876/mo payment. Total monthly income equals $1,513/mo, and annual cash flow comes to $5,299/yr on $59,339 invested. Return on cash invested is 28.84% in year one, and rental yield stands at 10.14% on a $179,000 basis. Equity gained on principal adds $1,155/yr, and 5% annual appreciation accumulates to $49,454 by year five. Five-year ROI measures 150.48% and total cumulative return in cash reaches $89,295. For financing, Ziffy Mortgage’s DSCR program evaluates $1,513/mo property income against a $876/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1956
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37380, South Pittsburg, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,023 (100%) |
| Owner Occupied HU | 1,920 (63.5%) |
| Renter Occupied HU | 726 (24.0%) |
| Vacant Housing Units | 377 (12.5%) |
| Median Home Value | $213,799 |
| Average Home Value | $256,471 |
Housing Distribution
Address Breakdown
Residential
2,855
Single Family
2,792
Multi-Family
63
Businesses
288
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Listed by: Jay Robinson • Keller Williams Realty
Mls Name: Greater Chattanooga Realtors
Mls ID: #1521182