129 Walnut St UNIT 212ChattanoogaTN37403
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 Chattanooga at 129 Walnut St UNIT 212, Chattanooga, TN, 37403 listed at $340,000 pairs $1,608/mo rent with a $1,664/mo payment. Total monthly income runs $1,608/mo. Return on cash invested measures 12.75% in year one, and rental yield registers 5.68% at a $340,000 basis. Equity gained on principal adds $2,194/yr, and annual property appreciation at 5% supports $93,936 by year five. Five-year ROI tracks 65.14% and total cumulative return in cash totals $73,422. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,608/mo property income relative to a $1,664/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2008
N/A lot
$N/A/sqft
$245 monthly 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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Nearby investment properties with comparable prices
Listed by: Chloe Tiano • Real Estate Partners Chattanooga LLC
Mls Name: Greater Chattanooga Realtors
Mls ID: #1513397
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