704 3rd StChattanoogaOK73528
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
Rental property for sale in Chattanooga at 704 3rd St, Chattanooga, OK, 73528 offers $1,306/mo rent that, after a $685/mo payment, leaves $412/mo cash flow. Total monthly income is $1,306/mo, and annual cash flow is $4,946/yr on $46,410 cash. Return on cash invested measures 30.57% in year one, and rental yield stands at 11.19% at a $140,000 entry. Equity gained on principal adds $903/yr while 5% annual appreciation compounds into $38,679 by year five. Five-year ROI records 160.36% and total cumulative return in cash reaches $74,422. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,306/mo property income versus a $685/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1935
7,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73528, Chattanooga, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 252 (100%) |
| Owner Occupied HU | 175 (69.4%) |
| Renter Occupied HU | 40 (15.9%) |
| Vacant Housing Units | 37 (14.7%) |
| Median Home Value | $212,838 |
| Average Home Value | $206,814 |
Housing Distribution
Address Breakdown
Residential
318
Single Family
318
Multi-Family
0
Businesses
30
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Listed by: Barbara Clark • Barbara Clark Realty
Mls Name: My State MLS
Mls ID: #11407026