446 Chevelle DrChatsworthGA30705
INVESTMENT ANALYSIS
Investment Verdict
Solid Income446 Chevelle Dr, Chatsworth, GA, 30705 in Chatsworth is a solid income-producing rental, 8.57% gross yield, $1,712/mo rent, $252/mo net cash flow on a $239,900 buy. DSCR 1.59 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $66,280 and $2,210/yr in principal reduction project a total cumulative return of $107,109.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.6% | 7.0% |
| Monthly Cash Flow | $252 | $1,200 |
City averages based on Chatsworth market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,712 |
| Total Monthly Debt Service | $1,365 |
| DSCR Ratio | 1.25x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1972
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30705, Chatsworth, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,800 (100%) |
| Owner Occupied HU | 9,000 (65.2%) |
| Renter Occupied HU | 3,835 (27.8%) |
| Vacant Housing Units | 965 ( 7.0%) |
| Median Home Value | $213,336 |
| Average Home Value | $283,556 |
Housing Distribution
Address Breakdown
Residential
12,765
Single Family
12,663
Multi-Family
102
Businesses
755
Nearby investment properties with comparable rents
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
Single Family
Built in 1972
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30705, Chatsworth, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,800 (100%) |
| Owner Occupied HU | 9,000 (65.2%) |
| Renter Occupied HU | 3,835 (27.8%) |
| Vacant Housing Units | 965 ( 7.0%) |
| Median Home Value | $213,336 |
| Average Home Value | $283,556 |
Housing Distribution
Address Breakdown
Residential
12,765
Single Family
12,663
Multi-Family
102
Businesses
755
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mandy Blankenship • Keller Williams Realty
Mls Name: Greater Chattanooga Realtors
Mls ID: #1525690