1230 Green Pond RdSoddy 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 1230 Green Pond Rd, Soddy Daisy, TN, 37379 generates $2,077/mo in rent and, after a $1,175/mo payment, leaves $640/mo in cash flow. Total monthly income is $2,077/mo, and annual cash flow is $7,680/yr on $79,560 invested. Return on cash invested sits at 29.56% in year one, and rental yield is 10.39% on a $239,999 entry. Equity gained on principal adds $1,549/yr, while 5% annual appreciation builds toward $66,307 over five years. Five-year ROI reaches 154.33% and total cumulative return in cash sums $122,786. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,077/mo property income rather than buyer’s personal income.
Manufactured
Built in 1972
0.44 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: Wade Trammell • Keller Williams Realty
Mls Name: Greater Chattanooga Realtors
Mls ID: #1519611