218 Baker StChattanoogaTN37405
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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 218 Baker St, Chattanooga, TN, 37405 with 5% annual appreciation on a $289,900 basis while $2,260/mo rent supports operations. Total monthly income totals $2,260/mo and a $1,419/mo payment preserves $525/mo for cash returns. Annual cash flow comes to $6,294/yr on $96,102 deployed, and return on cash invested reaches 26.46% in year one. Equity gained on principal adds $1,871/yr, and five-year appreciation sums $80,094 alongside rental yield of 9.35%. Five-year ROI measures 137.71% and total cumulative return in cash totals $132,345.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,260/mo property income versus a $1,419/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1940
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37405, Chattanooga, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,455 (100%) |
| Owner Occupied HU | 4,694 (44.9%) |
| Renter Occupied HU | 4,543 (43.5%) |
| Vacant Housing Units | 1,218 (11.6%) |
| Median Home Value | $464,524 |
| Average Home Value | $559,313 |
Housing Distribution
Address Breakdown
Residential
10,432
Single Family
8,282
Multi-Family
2,150
Businesses
1,207
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Listed by: Cassie King Hollis • Better Homes and Gardens Real Estate Signature Brokers
Mls Name: Greater Chattanooga Realtors
Mls ID: #1524649