123 Summers DrSoddy DaisyTN37379
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 123 Summers Dr, Soddy Daisy, TN, 37379 earns $303/mo cash flow from $1,385/mo rent with a $885/mo payment. Total monthly income totals $1,385/mo, and annual cash flow totals $3,630/yr on $59,968 capital. ROI tracks 25.96% on current figures, and rental yield reads 9.19% at a $180,900 purchase. Equity gained on principal adds $1,167/yr, and 5% annual appreciation supports $49,979 over five years. Five-year ROI reaches 135.07% and total cumulative return in cash sums $80,999. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,385/mo property income instead of your personal income.
Manufactured
Built in 1996
0.50 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: Timothy Adams • Keller Williams Realty
Mls Name: Greater Chattanooga Realtors
Mls ID: #1518532