176 Water Ln NWCharlestonTN37310
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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 Charleston at 176 Water Ln NW, Charleston, TN, 37310 listed at $179,000 pairs $1,192/mo rent with a $876/mo payment to leave $121/mo cash flow. Total monthly income runs $1,192/mo, and annual cash flow reaches $1,447/yr on $59,339 cash to close. Return on cash invested measures 22.35% in year one, and rental yield registers 7.99% at a $179,000 basis. Equity gained on principal adds $1,155/yr, and annual property appreciation at 5% supports $49,454 by year five. Five-year ROI tracks 115.7% and total cumulative return in cash totals $68,655. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,192/mo property income relative to a $876/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1991
0.65 Acres lot
$N/A/sqft
No HOA
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Listed by: Benjamin Helton • RE/MAX Properties
Mls Name: Greater Chattanooga Realtors
Mls ID: #1511111
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