3643 Garner RdChattanoogaTN37406
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 Chattanooga at 3643 Garner Rd, Chattanooga, TN, 37406 listed at $302,499 pairs $1,554/mo rent with a $1,481/mo payment. Total monthly income runs $1,554/mo. Return on cash invested measures 16.83% in year one, and rental yield registers 6.16% at a $302,499 basis. Equity gained on principal adds $1,952/yr, and annual property appreciation at 5% supports $83,575 by year five. Five-year ROI tracks 86.07% and total cumulative return in cash totals $86,308. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,554/mo property income relative to a $1,481/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1954
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37406, Chattanooga, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,178 (100%) |
| Owner Occupied HU | 2,684 (43.4%) |
| Renter Occupied HU | 2,840 (46.0%) |
| Vacant Housing Units | 654 (10.6%) |
| Median Home Value | $224,742 |
| Average Home Value | $284,553 |
Housing Distribution
Address Breakdown
Residential
5,414
Single Family
5,242
Multi-Family
172
Businesses
714
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Listed by: Adrienne Gremore • RE/MAX Properties
Mls Name: Greater Chattanooga Realtors
Mls ID: #1526013