308 Riverside Dr NECharlestonTN37310
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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 Charleston at 308 Riverside Dr NE, Charleston, TN, 37310 earns from $2,146/mo rent with a $1,762/mo payment. Total monthly income totals $2,146/mo. ROI tracks 19.82% on current figures, and rental yield reads 7.16% at a $359,900 purchase. Equity gained on principal adds $2,322/yr, and 5% annual appreciation supports $99,434 over five years. Five-year ROI reaches 102.13% and total cumulative return in cash sums $121,850. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,146/mo property income instead of your personal income.
Single Family
Built in 1985
2.03 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Katherine Stevens • RE/MAX Experience
Mls Name: Greater Chattanooga Realtors
Mls ID: #1520057