7470 Jester CtOoltewahTN37363
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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 Ooltewah at 7470 Jester Ct, Ooltewah, TN, 37363 generates $3,032/mo in rent, after a $2,809/mo payment. Total monthly income is $3,032/mo. Return on cash invested sits at 17.46% in year one, and rental yield is 6.34% on a $574,000 entry. Equity gained on principal adds $3,704/yr, while 5% annual appreciation builds toward $158,586 over five years. Five-year ROI reaches 89.45% and total cumulative return in cash sums $168,921. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,032/mo property income rather than buyer’s personal income.
Single Family
Built in 2003
5,227 sqft lot
$N/A/sqft
$60 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37363, Ooltewah, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,885 (100%) |
| Owner Occupied HU | 12,894 (72.1%) |
| Renter Occupied HU | 3,742 (20.9%) |
| Vacant Housing Units | 1,249 ( 7.0%) |
| Median Home Value | $385,069 |
| Average Home Value | $432,465 |
Housing Distribution
Address Breakdown
Residential
17,659
Single Family
16,798
Multi-Family
861
Businesses
805
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Listed by: Emilie Mills • Porchlight Real Estate LLC
Mls Name: Greater Chattanooga Realtors
Mls ID: #1514730
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