3307 Prairie Range LnApisonTN37302
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 Apison at 3307 Prairie Range Ln, Apison, TN, 37302 at $589,000 posts ROI 23.99% with $635/mo cash flow from $4,219/mo rent. Total monthly income equals $4,219/mo, and annual cash flow records $7,616/yr on $193,781 to close. Return on cash invested measures 23.99% and rental yield reads 8.6% at the current $589,000. Equity gained on principal adds $3,801/yr, and 5% annual appreciation supports $162,730 by year five. Five-year ROI prints 124.56% and total cumulative return in cash totals $241,370.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,219/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2019
9,583 sqft lot
$N/A/sqft
$700 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37302, Apison, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,162 (100%) |
| Owner Occupied HU | 1,671 (77.3%) |
| Renter Occupied HU | 373 (17.3%) |
| Vacant Housing Units | 118 ( 5.5%) |
| Median Home Value | $465,858 |
| Average Home Value | $509,194 |
Housing Distribution
Address Breakdown
Residential
2,118
Single Family
2,118
Multi-Family
0
Businesses
65
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Nearby investment properties with comparable prices
Listed by: Jeremy R Callahan • EXP Realty LLC
Mls Name: Greater Chattanooga Realtors
Mls ID: #1517369
Disclaimer: IDX information is provided exclusively for consumers personal, noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. Zillow, Inc. does not display the entire MLS of Chattanooga, Inc. database on this website. The listings of some real estate brokerage firms have been excluded. Some or all of the listings displayed may not belong to the firm whose website is being visited Copyright 2025 by Chattanooga Association of REALTORS