4018 Obar DrChattanoogaTN37419
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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 Chattanooga at 4018 Obar Dr, Chattanooga, TN, 37419 generates $5,244/mo in rent, after a $8,786/mo payment. Total monthly income is $5,244/mo. Return on cash invested sits at 9.02% in year one, and rental yield is 3.51% on a $1,795,000 entry. Equity gained on principal adds $11,583/yr, while 5% annual appreciation builds toward $495,925 over five years. Five-year ROI reaches 44.07% and total cumulative return in cash sums $256,321. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,244/mo property income rather than buyer’s personal income.
Single Family
Built in 2016
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37419, Chattanooga, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,122 (100%) |
| Owner Occupied HU | 2,201 (70.5%) |
| Renter Occupied HU | 626 (20.1%) |
| Vacant Housing Units | 295 ( 9.4%) |
| Median Home Value | $384,831 |
| Average Home Value | $461,545 |
Housing Distribution
Address Breakdown
Residential
3,076
Single Family
3,073
Multi-Family
3
Businesses
213
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Listed by: Jay Robinson • Keller Williams Realty
Mls Name: Greater Chattanooga Realtors
Mls ID: #1520254