278 Van Davis Rd NWGeorgetownTN37336
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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 Georgetown at 278 Van Davis Rd NW, Georgetown, TN, 37336 priced at $245,725 pairs $1,465/mo rent with after a $1,203/mo payment. Total monthly income equals $1,465/mo. Return on cash invested is 19.82% in year one, and rental yield stands at 7.15% on a $245,725 basis. Equity gained on principal adds $1,586/yr, and 5% annual appreciation accumulates to $67,889 by year five. Five-year ROI measures 102.07% and total cumulative return in cash reaches $83,148. For financing, Ziffy Mortgage’s DSCR program evaluates $1,465/mo property income against a $1,203/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1989
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37336, Georgetown, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,103 (100%) |
| Owner Occupied HU | 1,685 (80.1%) |
| Renter Occupied HU | 245 (11.7%) |
| Vacant Housing Units | 173 ( 8.2%) |
| Median Home Value | $339,929 |
| Average Home Value | $356,318 |
Housing Distribution
Address Breakdown
Residential
1,927
Single Family
1,927
Multi-Family
0
Businesses
74
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Listed by: Melinda Ramage • Bender Realty
Mls Name: Greater Chattanooga Realtors
Mls ID: #1516615
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