876 Equestrian DrSoddy DaisyTN37379
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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 Soddy Daisy at 876 Equestrian Dr, Soddy Daisy, TN, 37379 priced at $725,000 converts $3,445/mo rent into after a $3,549/mo obligation. Total monthly income equals $3,445/mo. Return on cash invested prints 15.56% in year one, and rental yield reads 5.7% against a $725,000 entry. Equity gained on principal adds $4,678/yr, while 5% annual appreciation compiles into $200,304 by year five. Five-year ROI reaches 79.2% and total cumulative return in cash sums $188,909. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,445/mo property income covering a $3,549/mo payment, not borrower’s personal income.
Single Family
Built in 2018
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37379, Soddy Daisy, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,519 (100%) |
| Owner Occupied HU | 9,900 (79.1%) |
| Renter Occupied HU | 1,938 (15.5%) |
| Vacant Housing Units | 681 ( 5.4%) |
| Median Home Value | $378,786 |
| Average Home Value | $416,557 |
Housing Distribution
Address Breakdown
Residential
12,263
Single Family
12,097
Multi-Family
166
Businesses
392
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Listed by: Roseann Blanton • REAL Broker
Mls Name: Greater Chattanooga Realtors
Mls ID: #1518969