129 Walnut St UNIT 322ChattanoogaTN37403
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 322, Chattanooga, TN, 37403 earns from $2,087/mo rent with a $2,099/mo payment. Total monthly income totals $2,087/mo. ROI tracks 15.86% on current figures, and rental yield reads 5.84% at a $428,900 purchase. Equity gained on principal adds $2,768/yr, and 5% annual appreciation supports $118,497 over five years. Five-year ROI reaches 80.84% and total cumulative return in cash sums $114,941. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,087/mo property income instead of your personal income.
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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Nearby investment properties with comparable prices
Listed by: Eric Tidmore • 1 Percent Lists Scenic City
Mls Name: Greater Chattanooga Realtors
Mls ID: #1518239