1204 Buckley StChattanoogaTN37404
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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 Chattanooga at 1204 Buckley St, Chattanooga, TN, 37404 priced at $429,900 converts $1,253/mo rent into after a $2,104/mo obligation. Total monthly income equals $1,253/mo. Return on cash invested prints 8.79% in year one, and rental yield reads 3.5% against a $429,900 entry. Equity gained on principal adds $2,774/yr, while 5% annual appreciation compiles into $118,773 by year five. Five-year ROI reaches 42.96% and total cumulative return in cash sums $61,219. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,253/mo property income covering a $2,104/mo payment, not borrower’s personal income.
Single Family
Built in 2025
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37404, Chattanooga, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,365 (100%) |
| Owner Occupied HU | 2,247 (35.3%) |
| Renter Occupied HU | 3,113 (48.9%) |
| Vacant Housing Units | 1,005 (15.8%) |
| Median Home Value | $315,517 |
| Average Home Value | $357,110 |
Housing Distribution
Address Breakdown
Residential
5,304
Single Family
5,078
Multi-Family
226
Businesses
737
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Listed by: Hannah Legg • Keller Williams Realty
Mls Name: Greater Chattanooga Realtors
Mls ID: #1512802