3102 Crescent CirChattanoogaTN37407
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
Investment property for sale in Chattanooga at 3102 Crescent Cir, Chattanooga, TN, 37407 uses $77,903 cash to close to unlock $3,294/yr annual cash flow and $274/mo monthly cash flow. Total monthly income runs $1,681/mo, and a $1,150/mo payment keeps the spread at $274/mo. Purchase price stands at $235,000, and rental yield measures 8.58% with $1,681/mo rent. Return on cash invested shows 24.14% in year one, and 5% annual appreciation builds toward $64,926 over five years. Five-year ROI reaches 125.29% and total cumulative return in cash records $97,600. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,681/mo property income covering a $1,150/mo payment rather than investor’s personal income.
Single Family
Built in 1950
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37407, Chattanooga, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,604 (100%) |
| Owner Occupied HU | 1,142 (31.7%) |
| Renter Occupied HU | 2,026 (56.2%) |
| Vacant Housing Units | 436 (12.1%) |
| Median Home Value | $114,912 |
| Average Home Value | $234,777 |
Housing Distribution
Address Breakdown
Residential
3,312
Single Family
3,312
Multi-Family
0
Businesses
408
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Listed by: Rachel Brantley • Keller Williams Realty
Mls Name: Greater Chattanooga Realtors
Mls ID: #1516494