207 Laws AveChattanoogaTN37411
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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 Chattanooga at 207 Laws Ave, Chattanooga, TN, 37411 priced at $325,000 pairs $1,816/mo rent with after a $1,591/mo payment. Total monthly income equals $1,816/mo. Return on cash invested is 18.46% in year one, and rental yield stands at 6.71% on a $325,000 basis. Equity gained on principal adds $2,097/yr, and 5% annual appreciation accumulates to $89,792 by year five. Five-year ROI measures 94.85% and total cumulative return in cash reaches $102,193. For financing, Ziffy Mortgage’s DSCR program evaluates $1,816/mo property income against a $1,591/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1947
0.43 Acres 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
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Listed by: Carmen Klapper • Compass Tennessee
Mls Name: Greater Chattanooga Realtors
Mls ID: #1521793