703 Belvoir AveChattanoogaTN37412
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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 703 Belvoir Ave, Chattanooga, TN, 37412 priced at $350,000 pairs $2,230/mo rent with $135/mo cash flow after a $1,713/mo payment. Total monthly income equals $2,230/mo, and annual cash flow comes to $1,619/yr on $116,025 invested. Return on cash invested is 21.3% in year one, and rental yield stands at 7.65% on a $350,000 basis. Equity gained on principal adds $2,258/yr, and 5% annual appreciation accumulates to $96,699 by year five. Five-year ROI measures 110.05% and total cumulative return in cash reaches $127,682. For financing, Ziffy Mortgage’s DSCR program evaluates $2,230/mo property income against a $1,713/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1940
10,018 sqft 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: James L Grisard • Keller Williams Realty
Mls Name: Greater Chattanooga Realtors
Mls ID: #1518504