532 Wando DrChattanoogaTN37412
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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 532 Wando Dr, Chattanooga, TN, 37412 with 5% annual appreciation on a $189,999 basis while $1,746/mo rent supports operations. Total monthly income totals $1,746/mo and a $930/mo payment preserves $609/mo for cash returns. Annual cash flow comes to $7,303/yr on $62,985 deployed, and return on cash invested reaches 31.5% in year one. Equity gained on principal adds $1,226/yr, and five-year appreciation sums $52,493 alongside rental yield of 11.03%. Five-year ROI measures 164.78% and total cumulative return in cash totals $103,788.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,746/mo property income versus a $930/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1946
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37412, Chattanooga, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,355 (100%) |
| Owner Occupied HU | 5,589 (54.0%) |
| Renter Occupied HU | 4,051 (39.1%) |
| Vacant Housing Units | 715 ( 6.9%) |
| Median Home Value | $225,861 |
| Average Home Value | $310,574 |
Housing Distribution
Address Breakdown
Residential
9,923
Single Family
8,327
Multi-Family
1,596
Businesses
885
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Listed by: Jamie Curtis • Century 21 Prestige
Mls Name: Greater Chattanooga Realtors
Mls ID: #1521552