406 E 16th StChickamaugaGA30707
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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 Chickamauga at 406 E 16th St, Chickamauga, GA, 30707 listed at $245,000 pairs $1,880/mo rent with a $1,199/mo payment to leave $389/mo cash flow. Total monthly income runs $1,880/mo, and annual cash flow reaches $4,668/yr on $81,218 cash to close. Return on cash invested measures 25.66% in year one, and rental yield registers 9.21% at a $245,000 basis. Equity gained on principal adds $1,581/yr, and annual property appreciation at 5% supports $67,689 by year five. Five-year ROI tracks 133.58% and total cumulative return in cash totals $108,492. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,880/mo property income relative to a $1,199/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1912
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30707, Chickamauga, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,931 (100%) |
| Owner Occupied HU | 5,069 (73.1%) |
| Renter Occupied HU | 1,199 (17.3%) |
| Vacant Housing Units | 663 ( 9.6%) |
| Median Home Value | $287,662 |
| Average Home Value | $326,253 |
Housing Distribution
Address Breakdown
Residential
6,599
Single Family
6,499
Multi-Family
100
Businesses
271
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Listed by: Frank Trimble • Keller Williams Realty
Mls Name: Greater Chattanooga Realtors
Mls ID: #1520845