376 Glensara Dr NWCharlestonTN37310
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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
Rental property for sale in Charleston at 376 Glensara Dr NW, Charleston, TN, 37310 generates $2,626/mo in rent and, after a $1,845/mo payment, leaves $369/mo in cash flow. Total monthly income is $2,626/mo, and annual cash flow is $4,433/yr on $124,976 invested. Return on cash invested sits at 23.46% in year one, and rental yield is 8.36% on a $377,000 entry. Equity gained on principal adds $2,433/yr, while 5% annual appreciation builds toward $104,158 over five years. Five-year ROI reaches 121.6% and total cumulative return in cash sums $151,975. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,626/mo property income rather than buyer’s personal income.
Single Family
Built in 1971
5 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: William Eilf • K W Cleveland
Mls Name: Greater Chattanooga Realtors
Mls ID: #1519798