944 Patton School RdSouth PittsburgTN37380
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
Investment Highlights
Investment property for sale in South Pittsburg at 944 Patton School Rd, South Pittsburg, TN, 37380 listed at $235,000 pairs $1,196/mo rent with a $1,150/mo payment. Total monthly income runs $1,196/mo. Return on cash invested measures 16.67% in year one, and rental yield registers 6.11% at a $235,000 basis. Equity gained on principal adds $1,516/yr, and annual property appreciation at 5% supports $64,926 by year five. Five-year ROI tracks 85.2% and total cumulative return in cash totals $66,376. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,196/mo property income relative to a $1,150/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2016
0.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37380, South Pittsburg, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,023 (100%) |
| Owner Occupied HU | 1,920 (63.5%) |
| Renter Occupied HU | 726 (24.0%) |
| Vacant Housing Units | 377 (12.5%) |
| Median Home Value | $213,799 |
| Average Home Value | $256,471 |
Housing Distribution
Address Breakdown
Residential
2,855
Single Family
2,792
Multi-Family
63
Businesses
288
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Grace Edrington • Berkshire Hathaway HomeServices J Douglas Properties
Mls Name: Greater Chattanooga Realtors
Mls ID: #1517616