203 Northern Trails DrSoddy DaisyTN37379
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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
Rental property for sale in Soddy Daisy at 203 Northern Trails Dr, Soddy Daisy, TN, 37379 offers $1,521/mo rent that, after a $1,101/mo payment, leaves $174/mo cash flow. Total monthly income is $1,521/mo, and annual cash flow is $2,092/yr on $74,588 cash. Return on cash invested measures 22.71% in year one, and rental yield stands at 8.11% at a $225,000 entry. Equity gained on principal adds $1,452/yr while 5% annual appreciation compounds into $62,163 by year five. Five-year ROI records 117.63% and total cumulative return in cash reaches $87,741. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,521/mo property income versus a $1,101/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 2000
0.49 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
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Listed by: Gina Brewer • RE/MAX Renaissance Realtors
Mls Name: Greater Chattanooga Realtors
Mls ID: #1518516