5482 Chesapeake DrChattanoogaTN37416
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
Investment property for sale in Chattanooga at 5482 Chesapeake Dr, Chattanooga, TN, 37416 earns $374/mo cash flow from $2,045/mo rent with a $1,366/mo payment. Total monthly income totals $2,045/mo, and annual cash flow totals $4,493/yr on $92,489 capital. ROI tracks 24.77% on current figures, and rental yield reads 8.8% at a $279,000 purchase. Equity gained on principal adds $1,800/yr, and 5% annual appreciation supports $77,083 over five years. Five-year ROI reaches 128.66% and total cumulative return in cash sums $118,999. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,045/mo property income instead of your personal income.
Single Family
Built in 1966
0.33 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: Kyle Smith • Crye-Leike, REALTORS
Mls Name: Greater Chattanooga Realtors
Mls ID: #1521192