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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Rising Fawn at 37 Fricks Ln, Rising Fawn, GA, 30738 at $215,000 posts ROI 31.89% with $712/mo cash flow from $2,020/mo rent. Total monthly income equals $2,020/mo, and annual cash flow records $8,541/yr on $71,273 to close. Return on cash invested measures 31.89% and rental yield reads 11.27% at the current $215,000. Equity gained on principal adds $1,387/yr, and 5% annual appreciation supports $59,401 by year five. Five-year ROI prints 166.99% and total cumulative return in cash totals $119,017.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,020/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 2020
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 30738, Rising Fawn, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,116 (100%) |
| Owner Occupied HU | 1,496 (70.7%) |
| Renter Occupied HU | 262 (12.4%) |
| Vacant Housing Units | 358 (16.9%) |
| Median Home Value | $291,497 |
| Average Home Value | $341,940 |
Residential
1,789
Single Family
1,789
Multi-Family
0
Businesses
64
Date | Event | Price |
|---|---|---|
| 2024-10-13 | Price change | $215,000 |
| 2024-09-26 | Price change | $220,000 |
| 2024-09-07 | Listed for sale | $225,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-15 | $565.13 | -2.68% | $27,688 | -2.22% |
| 2022-10-15 | $580.70 | -0.84% | $28,318 | N/A |
| 2021-10-15 | $585.62 | 903.63% | $28,318 | 1032.72% |
Listed by: Crystal Cadieux • Keller Williams Realty
Mls Name: Greater Chattanooga Realtors
Mls ID: #1398872
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 2024 by Chattanooga Association of REALTORS
