117 E 7th St #207ChattanoogaTN37402
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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 117 E 7th St #207, Chattanooga, TN, 37402 listed at $231,600 pairs $0/mo rent with a $1,134/mo payment. Total monthly income runs $0/mo. Return on cash invested measures -1.77% in year one, and rental yield registers 0% at a $231,600 basis. Equity gained on principal adds $1,494/yr, and annual property appreciation at 5% supports $63,987 by year five. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $0/mo property income relative to a $1,134/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37402, Chattanooga, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,435 (100%) |
| Owner Occupied HU | 256 ( 7.5%) |
| Renter Occupied HU | 2,828 (82.3%) |
| Vacant Housing Units | 351 (10.2%) |
| Median Home Value | $433,000 |
| Average Home Value | $573,207 |
Housing Distribution
Address Breakdown
Residential
3,589
Single Family
1,873
Multi-Family
1,716
Businesses
984
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Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A