7603 Cecelia DrChattanoogaTN37416
INVESTMENT ANALYSIS
Investment Verdict
Solid Income7603 Cecelia Dr, Chattanooga, TN, 37416 in Chattanooga is a solid income-producing rental, 8.44% gross yield, $1,758/mo rent, $261/mo net cash flow on a $250,000 buy. DSCR 1.56 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $69,070 and $2,303/yr in principal reduction project a total cumulative return of $111,457.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.4% | 6.8% |
| Monthly Cash Flow | $261 | $420 |
City averages based on Chattanooga market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,758 |
| Total Monthly Debt Service | $1,397 |
| DSCR Ratio | 1.26x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1960
4.13 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37416, Chattanooga, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,072 (100%) |
| Owner Occupied HU | 4,323 (61.1%) |
| Renter Occupied HU | 2,377 (33.6%) |
| Vacant Housing Units | 372 ( 5.3%) |
| Median Home Value | $306,325 |
| Average Home Value | $381,700 |
Housing Distribution
Address Breakdown
Residential
6,946
Single Family
6,048
Multi-Family
898
Businesses
654
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
Single Family
Built in 1960
4.13 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37416, Chattanooga, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,072 (100%) |
| Owner Occupied HU | 4,323 (61.1%) |
| Renter Occupied HU | 2,377 (33.6%) |
| Vacant Housing Units | 372 ( 5.3%) |
| Median Home Value | $306,325 |
| Average Home Value | $381,700 |
Housing Distribution
Address Breakdown
Residential
6,946
Single Family
6,048
Multi-Family
898
Businesses
654
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Anthony Conney • EXP Realty LLC
Mls Name: Greater Chattanooga Realtors
Mls ID: #1527032