6626 Fairview RdHixsonTN37343
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
Investment property for sale in Hixson at 6626 Fairview Rd, Hixson, TN, 37343 earns $681/mo cash flow from $1,699/mo rent with a $832/mo payment. Total monthly income totals $1,699/mo, and annual cash flow totals $8,177/yr on $56,355 capital. ROI tracks 34.42% on current figures, and rental yield reads 11.99% at a $170,000 purchase. Equity gained on principal adds $1,097/yr, and 5% annual appreciation supports $46,968 over five years. Five-year ROI reaches 180.44% and total cumulative return in cash sums $101,685. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,699/mo property income instead of your personal income.
Single Family
Built in 1940
0.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37343, Hixson, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,673 (100%) |
| Owner Occupied HU | 13,936 (70.8%) |
| Renter Occupied HU | 4,628 (23.5%) |
| Vacant Housing Units | 1,109 ( 5.6%) |
| Median Home Value | $352,787 |
| Average Home Value | $386,625 |
Housing Distribution
Address Breakdown
Residential
19,539
Single Family
18,378
Multi-Family
1,161
Businesses
1,334
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Listed by: Maria Lopez Tello • RE/MAX Renaissance Realtors
Mls Name: Greater Chattanooga Realtors
Mls ID: #1519315
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