7626 Monger LnOoltewahTN37363
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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
Investment property for sale in Ooltewah at 7626 Monger Ln, Ooltewah, TN, 37363 with 5% annual appreciation on a $349,500 basis while $2,754/mo rent supports operations. Total monthly income totals $2,754/mo and a $1,711/mo payment preserves $661/mo for cash returns. Annual cash flow comes to $7,938/yr on $115,859 deployed, and return on cash invested reaches 26.76% in year one. Equity gained on principal adds $2,255/yr, and five-year appreciation sums $96,560 alongside rental yield of 9.46%. Five-year ROI measures 139.32% and total cumulative return in cash totals $161,413.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,754/mo property income versus a $1,711/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1974
0.62 Acres lot
$N/A/sqft
No 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: Grace Edrington • Berkshire Hathaway HomeServices J Douglas Properties
Mls Name: Greater Chattanooga Realtors
Mls ID: #1511466
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