3405 Franklin DrChattanoogaTN37419
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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 3405 Franklin Dr, Chattanooga, TN, 37419 earns from $2,051/mo rent with a $1,713/mo payment. Total monthly income totals $2,051/mo. ROI tracks 19.45% on current figures, and rental yield reads 7.03% at a $349,900 purchase. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,671 over five years. Five-year ROI reaches 100.18% and total cumulative return in cash sums $116,202. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,051/mo property income instead of your personal income.
Single Family
Built in 1965
0.61 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37419, Chattanooga, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,122 (100%) |
| Owner Occupied HU | 2,201 (70.5%) |
| Renter Occupied HU | 626 (20.1%) |
| Vacant Housing Units | 295 ( 9.4%) |
| Median Home Value | $384,831 |
| Average Home Value | $461,545 |
Housing Distribution
Address Breakdown
Residential
3,076
Single Family
3,073
Multi-Family
3
Businesses
213
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Listed by: Jeannine H Campbell • Premier Property Group Inc.
Mls Name: Greater Chattanooga Realtors
Mls ID: #1521322