841 Ashland TerChattanoogaTN37415
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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
Investment property for sale in Chattanooga at 841 Ashland Ter, Chattanooga, TN, 37415 offers a 11.52% rental yield on a $218,600 purchase with $2,098/mo rent. Total monthly income registers $2,098/mo, and a $1,070/mo payment leaves $789/mo available for distribution. Annual cash flow reaches $9,472/yr on $72,466 to close, and return on cash invested stands at 32.98% in year one. Equity gained on principal adds $1,411/yr while 5% annual appreciation supports $60,395 over five years. Portfolio math shows five-year ROI at 172.7% and total cumulative return in cash at $125,152. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,098/mo property income against a $1,070/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37415, Chattanooga, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,295 (100%) |
| Owner Occupied HU | 6,857 (55.8%) |
| Renter Occupied HU | 4,589 (37.3%) |
| Vacant Housing Units | 849 ( 6.9%) |
| Median Home Value | $338,799 |
| Average Home Value | $401,665 |
Housing Distribution
Address Breakdown
Residential
12,401
Single Family
10,094
Multi-Family
2,307
Businesses
880
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Listed by: NOT APPLICABLE • N/A
Mls Name: Hubzu
Mls ID: #91717514161AUCN8