129 Walnut St UNIT 119ChattanoogaTN37403
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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
Investment property for sale in Chattanooga at 129 Walnut St UNIT 119, Chattanooga, TN, 37403 listed at $387,500 pairs $2,509/mo rent with a $1,897/mo payment to leave $189/mo cash flow. Total monthly income runs $2,509/mo, and annual cash flow reaches $2,268/yr on $128,456 cash to close. Return on cash invested measures 21.67% in year one, and rental yield registers 7.77% at a $387,500 basis. Equity gained on principal adds $2,500/yr, and annual property appreciation at 5% supports $107,059 by year five. Five-year ROI tracks 112.04% and total cumulative return in cash totals $143,919. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,509/mo property income relative to a $1,897/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2008
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37403, Chattanooga, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,610 (100%) |
| Owner Occupied HU | 533 (20.4%) |
| Renter Occupied HU | 1,557 (59.7%) |
| Vacant Housing Units | 520 (19.9%) |
| Median Home Value | $441,011 |
| Average Home Value | $520,038 |
Housing Distribution
Address Breakdown
Residential
2,721
Single Family
2,022
Multi-Family
699
Businesses
401
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Listed by: Joey Winslett • Better Homes and Gardens Real Estate Signature Brokers
Mls Name: Greater Chattanooga Realtors
Mls ID: #1521885