11320 Melanie LnGeorgetownTN37336
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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 Georgetown at 11320 Melanie Ln, Georgetown, TN, 37336 offers a 10.44% rental yield on a $259,900 purchase with $2,261/mo rent. Total monthly income registers $2,261/mo, and a $1,272/mo payment leaves $705/mo available for distribution. Annual cash flow reaches $8,463/yr on $86,157 to close, and return on cash invested stands at 29.73% in year one. Equity gained on principal adds $1,677/yr while 5% annual appreciation supports $71,806 over five years. Portfolio math shows five-year ROI at 155.3% and total cumulative return in cash at $133,798. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,261/mo property income against a $1,272/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1999
1.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37336, Georgetown, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,103 (100%) |
| Owner Occupied HU | 1,685 (80.1%) |
| Renter Occupied HU | 245 (11.7%) |
| Vacant Housing Units | 173 ( 8.2%) |
| Median Home Value | $339,929 |
| Average Home Value | $356,318 |
Housing Distribution
Address Breakdown
Residential
1,927
Single Family
1,927
Multi-Family
0
Businesses
74
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Listed by: Benjamin Absher • Realty One Group Experts
Mls Name: Greater Chattanooga Realtors
Mls ID: #1515030