4803 Saint Elmo AveChattanoogaTN37409
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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
Investment property for sale in Chattanooga at 4803 Saint Elmo Ave, Chattanooga, TN, 37409 listed at $495,000 pairs $1,894/mo rent with a $2,423/mo payment. Total monthly income runs $1,894/mo. Return on cash invested measures 12.09% in year one, and rental yield registers 4.59% at a $495,000 basis. Equity gained on principal adds $3,194/yr, and annual property appreciation at 5% supports $136,759 by year five. Five-year ROI tracks 60.64% and total cumulative return in cash totals $99,502. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,894/mo property income relative to a $2,423/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1940
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: Haylee Hughes • Keller Williams Realty
Mls Name: Greater Chattanooga Realtors
Mls ID: #1520235