2029 Port Royal DrSoddy DaisyTN37379
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 Soddy Daisy at 2029 Port Royal Dr, Soddy Daisy, TN, 37379 uses $140,888 cash to close to unlock $7,128/yr annual cash flow and $594/mo monthly cash flow. Total monthly income runs $3,138/mo, and a $2,080/mo payment keeps the spread at $594/mo. Purchase price stands at $425,000, and rental yield measures 8.86% with $3,138/mo rent. Return on cash invested shows 24.97% in year one, and 5% annual appreciation builds toward $117,420 over five years. Five-year ROI reaches 129.74% and total cumulative return in cash records $182,789. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,138/mo property income covering a $2,080/mo payment rather than investor’s personal income.
Single Family
Built in 1986
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37379, Soddy Daisy, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,519 (100%) |
| Owner Occupied HU | 9,900 (79.1%) |
| Renter Occupied HU | 1,938 (15.5%) |
| Vacant Housing Units | 681 ( 5.4%) |
| Median Home Value | $378,786 |
| Average Home Value | $416,557 |
Housing Distribution
Address Breakdown
Residential
12,263
Single Family
12,097
Multi-Family
166
Businesses
392
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jessica Sholl • EXP Realty LLC
Mls Name: Greater Chattanooga Realtors
Mls ID: #1527045