3114 Rose TerChattanoogaTN37404
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 3114 Rose Ter, Chattanooga, TN, 37404 generates $3,311/mo in rent and, after a $2,251/mo payment, leaves $558/mo in cash flow. Total monthly income is $3,311/mo, and annual cash flow is $6,695/yr on $152,457 invested. Return on cash invested sits at 24.3% in year one, and rental yield is 8.64% on a $459,900 entry. Equity gained on principal adds $2,968/yr, while 5% annual appreciation builds toward $127,062 over five years. Five-year ROI reaches 126.11% and total cumulative return in cash sums $192,270. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,311/mo property income rather than buyer’s personal income.
Single Family
Built in 1929
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37404, Chattanooga, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,365 (100%) |
| Owner Occupied HU | 2,247 (35.3%) |
| Renter Occupied HU | 3,113 (48.9%) |
| Vacant Housing Units | 1,005 (15.8%) |
| Median Home Value | $315,517 |
| Average Home Value | $357,110 |
Housing Distribution
Address Breakdown
Residential
5,304
Single Family
5,078
Multi-Family
226
Businesses
737
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Listed by: Shannon Miller • Keller Williams Realty
Mls Name: Greater Chattanooga Realtors
Mls ID: #1527333