4503 Saint Elmo AveChattanoogaTN37409
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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 4503 Saint Elmo Ave, Chattanooga, TN, 37409 offers a 8.04% rental yield on a $425,000 purchase with $2,849/mo rent. Total monthly income registers $2,849/mo, and a $2,080/mo payment leaves $305/mo available for distribution. Annual cash flow reaches $3,660/yr on $140,888 to close, and return on cash invested stands at 22.51% in year one. Equity gained on principal adds $2,742/yr while 5% annual appreciation supports $117,420 over five years. Portfolio math shows five-year ROI at 116.54% and total cumulative return in cash at $164,189. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,849/mo property income against a $2,080/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1930
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37409, Chattanooga, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,344 (100%) |
| Owner Occupied HU | 797 (59.3%) |
| Renter Occupied HU | 398 (29.6%) |
| Vacant Housing Units | 149 (11.1%) |
| Median Home Value | $346,223 |
| Average Home Value | $380,775 |
Housing Distribution
Address Breakdown
Residential
1,353
Single Family
1,332
Multi-Family
21
Businesses
287
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Listed by: Asher Black • Keller Williams Realty
Mls Name: Greater Chattanooga Realtors
Mls ID: #1525673