417 Frazier Ave APT 403ChattanoogaTN37405
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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
Rental property for sale in Chattanooga at 417 Frazier Ave APT 403, Chattanooga, TN, 37405 generates $6,452/mo in rent and, after a $4,527/mo payment, leaves $915/mo in cash flow. Total monthly income is $6,452/mo, and annual cash flow is $10,983/yr on $304,325 invested. Return on cash invested sits at 23.67% in year one, and rental yield is 8.37% on a $925,000 entry. Equity gained on principal adds $5,969/yr, while 5% annual appreciation builds toward $255,560 over five years. Five-year ROI reaches 122.71% and total cumulative return in cash sums $373,441. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,452/mo property income rather than buyer’s personal income.
Condo
Built in 2007
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37405, Chattanooga, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,455 (100%) |
| Owner Occupied HU | 4,694 (44.9%) |
| Renter Occupied HU | 4,543 (43.5%) |
| Vacant Housing Units | 1,218 (11.6%) |
| Median Home Value | $464,524 |
| Average Home Value | $559,313 |
Housing Distribution
Address Breakdown
Residential
10,432
Single Family
8,282
Multi-Family
2,150
Businesses
1,207
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Listed by: Frank Trimble • Keller Williams Realty
Mls Name: Greater Chattanooga Realtors
Mls ID: #1516442