4614 Carr TerChattanoogaTN37416
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
Investment Highlights
Rental property for sale in Chattanooga at 4614 Carr Ter, Chattanooga, TN, 37416 generates $2,064/mo in rent and, after a $1,150/mo payment, leaves $658/mo in cash flow. Total monthly income is $2,064/mo, and annual cash flow is $7,891/yr on $77,869 invested. Return on cash invested sits at 30.04% in year one, and rental yield is 10.54% on a $234,900 entry. Equity gained on principal adds $1,516/yr, while 5% annual appreciation builds toward $64,899 over five years. Five-year ROI reaches 156.92% and total cumulative return in cash sums $122,193. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,064/mo property income rather than buyer’s personal income.
Single Family
Built in 1958
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37416, Chattanooga, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,072 (100%) |
| Owner Occupied HU | 4,323 (61.1%) |
| Renter Occupied HU | 2,377 (33.6%) |
| Vacant Housing Units | 372 ( 5.3%) |
| Median Home Value | $306,325 |
| Average Home Value | $381,700 |
Housing Distribution
Address Breakdown
Residential
6,946
Single Family
6,048
Multi-Family
898
Businesses
654
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Listed by: Mitzi Matlock • Benchmark Realty LLC
Mls Name: Greater Chattanooga Realtors
Mls ID: #1520087