12004 Oak Cove LnSoddy 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
Rental property for sale in Soddy Daisy at 12004 Oak Cove Ln, Soddy Daisy, TN, 37379 generates $3,912/mo in rent, after a $9,765/mo payment. Total monthly income is $3,912/mo. Return on cash invested sits at 5.46% in year one, and rental yield is 2.35% on a $1,995,000 entry. Equity gained on principal adds $12,873/yr, while 5% annual appreciation builds toward $551,182 over five years. Five-year ROI reaches 25% and total cumulative return in cash sums $161,565. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,912/mo property income rather than buyer’s personal income.
Single Family
Built in 2005
0.59 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: Linda Brock • Real Estate Partners Chattanooga LLC
Mls Name: Greater Chattanooga Realtors
Mls ID: #1519610