Azalea Plan, Somerville CottagesChattanoogaTN37410
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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 Azalea Plan, Somerville Cottages, Chattanooga, TN, 37410 with 5% annual appreciation on a $219,000 basis while $1,476/mo rent supports operations. Total monthly income totals $1,476/mo and a $1,072/mo payment preserves $165/mo for cash returns. Annual cash flow comes to $1,979/yr on $72,599 deployed, and return on cash invested reaches 22.64% in year one. Equity gained on principal adds $1,413/yr, and five-year appreciation sums $60,506 alongside rental yield of 8.09%. Five-year ROI measures 117.19% and total cumulative return in cash totals $85,077.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,476/mo property income versus a $1,072/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37410, Chattanooga, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,240 (100%) |
| Owner Occupied HU | 581 (25.9%) |
| Renter Occupied HU | 1,342 (59.9%) |
| Vacant Housing Units | 317 (14.2%) |
| Median Home Value | $158,500 |
| Average Home Value | $208,438 |
Housing Distribution
Address Breakdown
Residential
2,114
Single Family
1,766
Multi-Family
348
Businesses
114
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Listed by: N/A • Collier Development
Mls Name: Collier Development
Mls ID: #N/A