20 Ridge RdChattanoogaTN37411
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 20 Ridge Rd, Chattanooga, TN, 37411 at $316,400 posts ROI 21.47% with $137/mo cash flow from $2,031/mo rent. Total monthly income equals $2,031/mo, and annual cash flow records $1,639/yr on $104,887 to close. Return on cash invested measures 21.47% and rental yield reads 7.7% at the current $316,400. Equity gained on principal adds $2,042/yr, and 5% annual appreciation supports $87,415 by year five. Five-year ROI prints 110.98% and total cumulative return in cash totals $116,401.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,031/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1921
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37411, Chattanooga, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,412 (100%) |
| Owner Occupied HU | 4,672 (55.5%) |
| Renter Occupied HU | 3,130 (37.2%) |
| Vacant Housing Units | 610 ( 7.3%) |
| Median Home Value | $281,716 |
| Average Home Value | $363,201 |
Housing Distribution
Address Breakdown
Residential
8,252
Single Family
7,833
Multi-Family
419
Businesses
662
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: BHHS broker feed
Mls ID: #1506738