5503 Oleary StChattanoogaTN37410
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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
Investment property for sale in Chattanooga at 5503 Oleary St, Chattanooga, TN, 37410 offers a 9.51% rental yield on a $179,900 purchase with $1,426/mo rent. Total monthly income registers $1,426/mo, and a $881/mo payment leaves $349/mo available for distribution. Annual cash flow reaches $4,183/yr on $59,637 to close, and return on cash invested stands at 26.92% in year one. Equity gained on principal adds $1,161/yr while 5% annual appreciation supports $49,703 over five years. Portfolio math shows five-year ROI at 140.22% and total cumulative return in cash at $83,625. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,426/mo property income against a $881/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1961
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37410, Chattanooga, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,240 (100%) |
| Owner Occupied HU | 581 (25.9%) |
| Renter Occupied HU | 1,342 (59.9%) |
| Vacant Housing Units | 317 (14.2%) |
| Median Home Value | $158,500 |
| Average Home Value | $208,438 |
Housing Distribution
Address Breakdown
Residential
2,114
Single Family
1,766
Multi-Family
348
Businesses
114
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Listed by: Carter Roberson • RE/MAX Renaissance Realtors
Mls Name: Greater Chattanooga Realtors
Mls ID: #1519385