745 Burnside PlChattanoogaTN37408
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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 745 Burnside Pl, Chattanooga, TN, 37408 priced at $483,900 pairs $2,400/mo rent with after a $2,368/mo payment. Total monthly income equals $2,400/mo. Return on cash invested is 16.2% in year one, and rental yield stands at 5.95% on a $483,900 basis. Equity gained on principal adds $3,123/yr, and 5% annual appreciation accumulates to $133,693 by year five. Five-year ROI measures 82.66% and total cumulative return in cash reaches $132,605. For financing, Ziffy Mortgage’s DSCR program evaluates $2,400/mo property income against a $2,368/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2023
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37408, Chattanooga, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,877 (100%) |
| Owner Occupied HU | 556 (19.3%) |
| Renter Occupied HU | 1,689 (58.7%) |
| Vacant Housing Units | 632 (22.0%) |
| Median Home Value | $452,147 |
| Average Home Value | $509,573 |
Housing Distribution
Address Breakdown
Residential
2,714
Single Family
2,480
Multi-Family
234
Businesses
616
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Listed by: Shawn Feagans • Keller Williams Realty
Mls Name: Greater Chattanooga Realtors
Mls ID: #1516542