1709 W 43rd StChattanoogaTN37409
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 1709 W 43rd St, Chattanooga, TN, 37409 offers a 7.75% rental yield on a $299,000 purchase with $1,932/mo rent. Total monthly income registers $1,932/mo, and a $1,463/mo payment leaves $143/mo available for distribution. Annual cash flow reaches $1,711/yr on $99,119 to close, and return on cash invested stands at 21.64% in year one. Equity gained on principal adds $1,929/yr while 5% annual appreciation supports $82,608 over five years. Portfolio math shows five-year ROI at 111.85% and total cumulative return in cash at $110,866. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,932/mo property income against a $1,463/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37409, Chattanooga, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,344 (100%) |
| Owner Occupied HU | 797 (59.3%) |
| Renter Occupied HU | 398 (29.6%) |
| Vacant Housing Units | 149 (11.1%) |
| Median Home Value | $346,223 |
| Average Home Value | $380,775 |
Housing Distribution
Address Breakdown
Residential
1,353
Single Family
1,332
Multi-Family
21
Businesses
287
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Daniel Hunter • RE/MAX Properties
Mls Name: Greater Chattanooga Realtors
Mls ID: #1525011