Annapolis Plan, Mill TownChattanoogaTN37404
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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 Chattanooga at Annapolis Plan, Mill Town, Chattanooga, TN, 37404 offers $2,137/mo rent that, after a $1,614/mo payment, leaves $35/mo cash flow. Total monthly income is $2,137/mo, and annual cash flow is $420/yr on $109,312 cash. Return on cash invested measures 20.29% in year one, and rental yield stands at 7.78% at a $329,750 entry. Equity gained on principal adds $2,128/yr while 5% annual appreciation compounds into $91,104 by year five. Five-year ROI records 105.18% and total cumulative return in cash reaches $114,976. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,137/mo property income versus a $1,614/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 2026
N/A lot
$N/A/sqft
$128 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37404, Chattanooga, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,365 (100%) |
| Owner Occupied HU | 2,247 (35.3%) |
| Renter Occupied HU | 3,113 (48.9%) |
| Vacant Housing Units | 1,005 (15.8%) |
| Median Home Value | $315,517 |
| Average Home Value | $357,110 |
Housing Distribution
Address Breakdown
Residential
5,304
Single Family
5,078
Multi-Family
226
Businesses
737
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Listed by: N/A • Parkside Builders
Mls Name: Parkside Builders
Mls Provider:
Mls ID: #N/A