6300 Harrison Ooltewah RdHarrisonTN37341
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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 Harrison at 6300 Harrison Ooltewah Rd, Harrison, TN, 37341 priced at $299,900 pairs $1,303/mo rent with after a $1,468/mo payment. Total monthly income equals $1,303/mo. Return on cash invested is 13.97% in year one, and rental yield stands at 5.21% on a $299,900 basis. Equity gained on principal adds $1,935/yr, and 5% annual appreciation accumulates to $82,857 by year five. Five-year ROI measures 70.72% and total cumulative return in cash reaches $70,312. For financing, Ziffy Mortgage’s DSCR program evaluates $1,303/mo property income against a $1,468/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1993
1.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37341, Harrison, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,883 (100%) |
| Owner Occupied HU | 4,881 (83.0%) |
| Renter Occupied HU | 709 (12.1%) |
| Vacant Housing Units | 293 ( 5.0%) |
| Median Home Value | $369,599 |
| Average Home Value | $458,541 |
Housing Distribution
Address Breakdown
Residential
5,386
Single Family
5,386
Multi-Family
0
Businesses
203
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Listed by: Chloe Tiano • Real Estate Partners Chattanooga LLC
Mls Name: Greater Chattanooga Realtors
Mls ID: #1509380
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