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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Chickamauga at 585 Cloudland Trce, Chickamauga, GA, 30707 offers $2,425/mo rent that, after a $3,911/mo payment. Total monthly income is $2,425/mo. Return on cash invested measures 8.17% in year one, and rental yield stands at 3.64% at a $799,000 entry. Equity gained on principal adds $5,156/yr while 5% annual appreciation compounds into $220,749 by year five. Five-year ROI records 40.01% and total cumulative return in cash reaches $105,174. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,425/mo property income versus a $3,911/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2021
4,791 sqft lot
$N/A/sqft
$2,000 annually HOA
Neighborhood data shown for ZIP Code: 30707, Chickamauga, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,931 (100%) |
| Owner Occupied HU | 5,069 (73.1%) |
| Renter Occupied HU | 1,199 (17.3%) |
| Vacant Housing Units | 663 ( 9.6%) |
| Median Home Value | $287,662 |
| Average Home Value | $326,253 |
Residential
6,599
Single Family
6,499
Multi-Family
100
Businesses
271
Date | Event | Price |
|---|---|---|
| 2024-10-21 | Price change | $799,000 |
| 2024-09-23 | Price change | $800,000 |
| 2024-08-17 | Listed for sale | $829,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-01-10 | $4973.23 | 43.43% | $229,581 | 61.02% |
| 2022-01-10 | $3467.44 | 237.08% | $142,581 | 256.45% |
| 2021-01-10 | $1028.68 | -3.65% | $40,000 | N/A |
Listed by: Courtney Collins • Keller Williams Realty
Mls Name: Greater Chattanooga Realtors
Mls ID: #1397673
Disclaimer: IDX information is provided exclusively for consumers personal, noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. Zillow, Inc. does not display the entire MLS of Chattanooga, Inc. database on this website. The listings of some real estate brokerage firms have been excluded. Some or all of the listings displayed may not belong to the firm whose website is being visited Copyright 2025 by Chattanooga Association of REALTORS
