1476 Chatt City WayChattanoogaTN37408
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 1476 Chatt City Way, Chattanooga, TN, 37408 offers a 7.84% rental yield on a $367,200 purchase with $2,400/mo rent. Total monthly income registers $2,400/mo, and a $1,797/mo payment leaves $202/mo available for distribution. Annual cash flow reaches $2,426/yr on $121,727 to close, and return on cash invested stands at 21.9% in year one. Equity gained on principal adds $2,369/yr while 5% annual appreciation supports $101,451 over five years. Portfolio math shows five-year ROI at 113.29% and total cumulative return in cash at $137,906. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,400/mo property income against a $1,797/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37408, Chattanooga, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,877 (100%) |
| Owner Occupied HU | 556 (19.3%) |
| Renter Occupied HU | 1,689 (58.7%) |
| Vacant Housing Units | 632 (22.0%) |
| Median Home Value | $452,147 |
| Average Home Value | $509,573 |
Housing Distribution
Address Breakdown
Residential
2,714
Single Family
2,480
Multi-Family
234
Businesses
616
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A