5011 Jarrett RdChattanoogaTN37416
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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
Rental property for sale in Chattanooga at 5011 Jarrett Rd, Chattanooga, TN, 37416 generates $2,460/mo in rent and, after a $1,241/mo payment, leaves $942/mo in cash flow. Total monthly income is $2,460/mo, and annual cash flow is $11,307/yr on $84,035 invested. Return on cash invested sits at 33.36% in year one, and rental yield is 11.64% on a $253,500 entry. Equity gained on principal adds $1,636/yr, while 5% annual appreciation builds toward $70,037 over five years. Five-year ROI reaches 174.76% and total cumulative return in cash sums $146,861. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,460/mo property income rather than buyer’s personal income.
Single Family
Built in 1960
0.26 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: Allan Ortiz • Epique Realty
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #2914170