1239 Derby DrCohuttaGA30710
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
Rental property for sale in Cohutta at 1239 Derby Dr, Cohutta, GA, 30710 priced at $144,900 converts $1,264/mo rent into $382/mo cash flow after a $709/mo obligation. Total monthly income equals $1,264/mo, and annual cash flow totals $4,588/yr on $48,034 invested. Return on cash invested prints 29.46% in year one, and rental yield reads 10.47% against a $144,900 entry. Equity gained on principal adds $935/yr, while 5% annual appreciation compiles into $40,033 by year five. Five-year ROI reaches 153.97% and total cumulative return in cash sums $73,957. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,264/mo property income covering a $709/mo payment, not borrower’s personal income.
Manufactured
Built in 1995
0.61 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30710, Cohutta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,827 (100%) |
| Owner Occupied HU | 2,217 (78.4%) |
| Renter Occupied HU | 405 (14.3%) |
| Vacant Housing Units | 205 ( 7.3%) |
| Median Home Value | $311,996 |
| Average Home Value | $363,433 |
Housing Distribution
Address Breakdown
Residential
2,666
Single Family
2,666
Multi-Family
0
Businesses
73
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jeremy R Callahan • EXP Realty LLC
Mls Name: Greater Chattanooga Realtors
Mls ID: #1503890
Disclaimer: IDX information is provided exclusively for consumers personal, noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. Zillow, Inc. does not display the entire MLS of Chattanooga, Inc. database on this website. The listings of some real estate brokerage firms have been excluded. Some or all of the listings displayed may not belong to the firm whose website is being visited Copyright 2025 by Chattanooga Association of REALTORS