11640 Hixson PikeSoddy DaisyTN37379
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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 Soddy Daisy at 11640 Hixson Pike, Soddy Daisy, TN, 37379 offers a 6.17% rental yield on a $495,000 purchase with $2,544/mo rent. 84% in year one. Equity gained on principal adds $3,194/yr while 5% annual appreciation supports $136,759 over five years. Portfolio math shows five-year ROI at 86.13% and total cumulative return in cash at $141,334. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,544/mo property income against a $2,423/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1986
1.30 Acres 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
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Listed by: Carolyn Henry • Heart Realty, Inc.
Mls Name: Greater Chattanooga Realtors
Mls ID: #1514398