613 N Moore RdChattanoogaTN37411
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
Rental property for sale in Chattanooga at 613 N Moore Rd, Chattanooga, TN, 37411 priced at $179,000 converts $1,684/mo rent into $613/mo cash flow after a $876/mo obligation. Total monthly income equals $1,684/mo, and annual cash flow totals $7,351/yr on $59,339 invested. Return on cash invested prints 32.3% in year one, and rental yield reads 11.29% against a $179,000 entry. Equity gained on principal adds $1,155/yr, while 5% annual appreciation compiles into $49,454 by year five. Five-year ROI reaches 169.03% and total cumulative return in cash sums $100,299. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,684/mo property income covering a $876/mo payment, not borrower’s personal income.
Single Family
Built in 1950
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37411, Chattanooga, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,412 (100%) |
| Owner Occupied HU | 4,672 (55.5%) |
| Renter Occupied HU | 3,130 (37.2%) |
| Vacant Housing Units | 610 ( 7.3%) |
| Median Home Value | $281,716 |
| Average Home Value | $363,201 |
Housing Distribution
Address Breakdown
Residential
8,252
Single Family
7,833
Multi-Family
419
Businesses
662
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Listed by: Larry Hall • Crye-Leike, REALTORS
Mls Name: Greater Chattanooga Realtors
Mls ID: #1526499