335 Tremont StChattanoogaTN37405
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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 Chattanooga at 335 Tremont St, Chattanooga, TN, 37405 listed at $297,000 pairs $1,877/mo rent with a $1,454/mo payment to leave $99/mo cash flow. Total monthly income runs $1,877/mo, and annual cash flow reaches $1,185/yr on $98,456 cash to close. Return on cash invested measures 21.11% in year one, and rental yield registers 7.58% at a $297,000 basis. Equity gained on principal adds $1,916/yr, and annual property appreciation at 5% supports $82,056 by year five. Five-year ROI tracks 109.04% and total cumulative return in cash totals $107,358. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,877/mo property income relative to a $1,454/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1925
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37405, Chattanooga, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,455 (100%) |
| Owner Occupied HU | 4,694 (44.9%) |
| Renter Occupied HU | 4,543 (43.5%) |
| Vacant Housing Units | 1,218 (11.6%) |
| Median Home Value | $464,524 |
| Average Home Value | $559,313 |
Housing Distribution
Address Breakdown
Residential
10,432
Single Family
8,282
Multi-Family
2,150
Businesses
1,207
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Listed by: Vincent Trapani • Lifestyles Realty Tennessee, Inc
Mls Name: Greater Chattanooga Realtors
Mls ID: #1525253