3909 Chickamauga AveChattanoogaTN37406
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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
Investment property for sale in Chattanooga at 3909 Chickamauga Ave, Chattanooga, TN, 37406 offers a 9.8% rental yield on a $240,000 purchase with $1,960/mo rent. Total monthly income registers $1,960/mo, and a $1,175/mo payment leaves $523/mo available for distribution. Annual cash flow reaches $6,276/yr on $79,560 to close, and return on cash invested stands at 27.8% in year one. Equity gained on principal adds $1,549/yr while 5% annual appreciation supports $66,308 over five years. Portfolio math shows five-year ROI at 144.87% and total cumulative return in cash at $115,262. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,960/mo property income against a $1,175/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
0.65 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: Cherity Kirby • Century 21 Prime South
Mls Name: Greater Chattanooga Realtors
Mls ID: #1517549