3604 Wilcox BlvdChattanoogaTN37411
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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 3604 Wilcox Blvd, Chattanooga, TN, 37411 offers a 10.66% rental yield on a $175,000 purchase with $1,554/mo rent. Total monthly income registers $1,554/mo, and a $857/mo payment leaves $506/mo available for distribution. Annual cash flow reaches $6,072/yr on $58,013 to close, and return on cash invested stands at 30.37% in year one. Equity gained on principal adds $1,129/yr while 5% annual appreciation supports $48,349 over five years. Portfolio math shows five-year ROI at 158.69% and total cumulative return in cash at $92,059. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,554/mo property income against a $857/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
0.29 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37411, Chattanooga, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,412 (100%) |
| Owner Occupied HU | 4,672 (55.5%) |
| Renter Occupied HU | 3,130 (37.2%) |
| Vacant Housing Units | 610 ( 7.3%) |
| Median Home Value | $281,716 |
| Average Home Value | $363,201 |
Housing Distribution
Address Breakdown
Residential
8,252
Single Family
7,833
Multi-Family
419
Businesses
662
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Listed by: Anthony Conney • EXP Realty LLC
Mls Name: Greater Chattanooga Realtors
Mls ID: #1519247