1604 E 46th Street PlChattanoogaTN37407
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 1604 E 46th Street Pl, Chattanooga, TN, 37407 listed at $270,000 pairs $1,554/mo rent with a $1,322/mo payment. Total monthly income runs $1,554/mo. Return on cash invested measures 19.07% in year one, and rental yield registers 6.91% at a $270,000 basis. Equity gained on principal adds $1,742/yr, and annual property appreciation at 5% supports $74,596 by year five. Five-year ROI tracks 98.1% and total cumulative return in cash totals $87,805. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,554/mo property income relative to a $1,322/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37407, Chattanooga, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,604 (100%) |
| Owner Occupied HU | 1,142 (31.7%) |
| Renter Occupied HU | 2,026 (56.2%) |
| Vacant Housing Units | 436 (12.1%) |
| Median Home Value | $114,912 |
| Average Home Value | $234,777 |
Housing Distribution
Address Breakdown
Residential
3,312
Single Family
3,312
Multi-Family
0
Businesses
408
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Listed by: William Eilf • K W Cleveland
Mls Name: Greater Chattanooga Realtors
Mls ID: #1520767