224 Isbill RdChattanoogaTN37419
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
Rental property for sale in Chattanooga at 224 Isbill Rd, Chattanooga, TN, 37419 priced at $135,000 converts $1,077/mo rent into $269/mo cash flow after a $661/mo obligation. Total monthly income equals $1,077/mo, and annual cash flow totals $3,224/yr on $44,753 invested. Return on cash invested prints 27.11% in year one, and rental yield reads 9.57% against a $135,000 entry. Equity gained on principal adds $871/yr, while 5% annual appreciation compiles into $37,298 by year five. Five-year ROI reaches 141.26% and total cumulative return in cash sums $63,217. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,077/mo property income covering a $661/mo payment, not borrower’s personal income.
Manufactured
Built in 1966
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37419, Chattanooga, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,122 (100%) |
| Owner Occupied HU | 2,201 (70.5%) |
| Renter Occupied HU | 626 (20.1%) |
| Vacant Housing Units | 295 ( 9.4%) |
| Median Home Value | $384,831 |
| Average Home Value | $461,545 |
Housing Distribution
Address Breakdown
Residential
3,076
Single Family
3,073
Multi-Family
3
Businesses
213
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Listed by: Grace Edrington • Berkshire Hathaway HomeServices J Douglas Properties
Mls Name: Greater Chattanooga Realtors
Mls ID: #1522633