62 Nightingale CtChattanoogaTN37421
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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 62 Nightingale Ct, Chattanooga, TN, 37421 with 5% annual appreciation on a $395,900 basis while $3,568/mo rent supports operations. Total monthly income totals $3,568/mo and a $1,938/mo payment preserves $1,198/mo for cash returns. Annual cash flow comes to $14,374/yr on $131,241 deployed, and return on cash invested reaches 30.86% in year one. Equity gained on principal adds $2,555/yr, and five-year appreciation sums $109,380 alongside rental yield of 10.81%. Five-year ROI measures 161.3% and total cumulative return in cash totals $211,693.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,568/mo property income versus a $1,938/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2025
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37421, Chattanooga, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,881 (100%) |
| Owner Occupied HU | 13,361 (55.9%) |
| Renter Occupied HU | 8,968 (37.6%) |
| Vacant Housing Units | 1,552 ( 6.5%) |
| Median Home Value | $353,624 |
| Average Home Value | $388,779 |
Housing Distribution
Address Breakdown
Residential
23,398
Single Family
17,809
Multi-Family
5,589
Businesses
2,544
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Listed by: Cyndi Burge • Legacy South Brokerage, LLC
Mls Name: Greater Chattanooga Realtors
Mls ID: #1524908