6919 Wake Robin DrChattanoogaTN37412
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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 Chattanooga at 6919 Wake Robin Dr, Chattanooga, TN, 37412 priced at $424,800 converts $2,980/mo rent into $437/mo cash flow after a $2,079/mo obligation. Total monthly income equals $2,980/mo, and annual cash flow totals $5,247/yr on $140,821 invested. Return on cash invested prints 23.64% in year one, and rental yield reads 8.42% against a $424,800 entry. Equity gained on principal adds $2,741/yr, while 5% annual appreciation compiles into $117,364 by year five. Five-year ROI reaches 122.57% and total cumulative return in cash sums $172,610. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,980/mo property income covering a $2,079/mo payment, not borrower’s personal income.
Single Family
Built in 2006
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37412, Chattanooga, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,355 (100%) |
| Owner Occupied HU | 5,589 (54.0%) |
| Renter Occupied HU | 4,051 (39.1%) |
| Vacant Housing Units | 715 ( 6.9%) |
| Median Home Value | $225,861 |
| Average Home Value | $310,574 |
Housing Distribution
Address Breakdown
Residential
9,923
Single Family
8,327
Multi-Family
1,596
Businesses
885
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Listed by: Jodi Newell • Keller Williams Realty
Mls Name: Greater Chattanooga Realtors
Mls ID: #1509402
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