309 E 16th StChickamaugaGA30707
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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
Investment property for sale in Chickamauga at 309 E 16th St, Chickamauga, GA, 30707 offers a 11.59% rental yield on a $160,000 purchase with $1,546/mo rent. Total monthly income registers $1,546/mo, and a $783/mo payment leaves $572/mo available for distribution. Annual cash flow reaches $6,868/yr on $53,040 to close, and return on cash invested stands at 32.86% in year one. Equity gained on principal adds $1,032/yr while 5% annual appreciation supports $44,205 over five years. Portfolio math shows five-year ROI at 172.2% and total cumulative return in cash at $91,334. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,546/mo property income against a $783/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1912
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30707, Chickamauga, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,931 (100%) |
| Owner Occupied HU | 5,069 (73.1%) |
| Renter Occupied HU | 1,199 (17.3%) |
| Vacant Housing Units | 663 ( 9.6%) |
| Median Home Value | $287,662 |
| Average Home Value | $326,253 |
Housing Distribution
Address Breakdown
Residential
6,599
Single Family
6,499
Multi-Family
100
Businesses
271
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Listed by: Tonjia Landreth • Bridge City Realty, LLC
Mls Name: Greater Chattanooga Realtors
Mls ID: #1522974