5979 Candies Creek Ridge Rd NWCharlestonTN37310
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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 Charleston at 5979 Candies Creek Ridge Rd NW, Charleston, TN, 37310 generates $3,016/mo in rent, after a $6,338/mo payment. Total monthly income is $3,016/mo. Return on cash invested sits at 6.83% in year one, and rental yield is 2.79% on a $1,295,000 entry. Equity gained on principal adds $8,356/yr, while 5% annual appreciation builds toward $357,785 over five years. Five-year ROI reaches 32.32% and total cumulative return in cash sums $135,606. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,016/mo property income rather than buyer’s personal income.
Single Family
Built in 1993
18.20 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: William Eilf • K W Cleveland
Mls Name: Greater Chattanooga Realtors
Mls ID: #1518884