642 Belletrace CirChattanoogaTN37405
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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 642 Belletrace Cir, Chattanooga, TN, 37405 priced at $367,700 converts $2,250/mo rent into $49/mo cash flow after a $1,800/mo obligation. Total monthly income equals $2,250/mo, and annual cash flow totals $583/yr on $121,893 invested. Return on cash invested prints 20.39% in year one, and rental yield reads 7.34% against a $367,700 entry. Equity gained on principal adds $2,373/yr, while 5% annual appreciation compiles into $101,589 by year five. Five-year ROI reaches 105.15% and total cumulative return in cash sums $128,175. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,250/mo property income covering a $1,800/mo payment, not borrower’s personal income.
Townhouse
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37405, Chattanooga, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,455 (100%) |
| Owner Occupied HU | 4,694 (44.9%) |
| Renter Occupied HU | 4,543 (43.5%) |
| Vacant Housing Units | 1,218 (11.6%) |
| Median Home Value | $464,524 |
| Average Home Value | $559,313 |
Housing Distribution
Address Breakdown
Residential
10,432
Single Family
8,282
Multi-Family
2,150
Businesses
1,207
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Listed by: N/A • N/A
Mls Name: Empire Homes
Mls Provider:
Mls ID: #N/A