4800 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
Total monthly income runs $2,084/mo, and a $2,007/mo payment. Purchase price stands at $410,000, and rental yield measures 6.1% with $2,084/mo rent. Return on cash invested shows 16.64% in year one, and 5% annual appreciation builds toward $113,275 over five years. Five-year ROI reaches 85.04% and total cumulative return in cash records $115,583. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,084/mo property income covering a $2,007/mo payment rather than investor’s personal income.
Single Family
Built in 1900
6,098 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: Drew Carey • EXP Realty, LLC
Mls Name: Greater Chattanooga Realtors
Mls ID: #1522946