3707 13th AveChattanoogaTN37407
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 3707 13th Ave, Chattanooga, TN, 37407 earns from $2,720/mo rent with a $2,275/mo payment. Total monthly income totals $2,720/mo. ROI tracks 19.42% on current figures, and rental yield reads 7.02% at a $464,900 purchase. Equity gained on principal adds $3,000/yr, and 5% annual appreciation supports $128,443 over five years. Five-year ROI reaches 99.97% and total cumulative return in cash sums $154,072. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,720/mo property income instead of your personal income.
Single Family
Built in 1921
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37407, Chattanooga, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,604 (100%) |
| Owner Occupied HU | 1,142 (31.7%) |
| Renter Occupied HU | 2,026 (56.2%) |
| Vacant Housing Units | 436 (12.1%) |
| Median Home Value | $114,912 |
| Average Home Value | $234,777 |
Housing Distribution
Address Breakdown
Residential
3,312
Single Family
3,312
Multi-Family
0
Businesses
408
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Nearby investment properties with comparable prices
Listed by: Grace Frank • Zach Taylor - Chattanooga
Mls Name: Greater Chattanooga Realtors
Mls ID: #1518248