9012 Raydoe Rd #EMCFEAOoltewahTN37363
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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 Ooltewah at 9012 Raydoe Rd #EMCFEA, Ooltewah, TN, 37363 offers a 7.98% rental yield on a $509,200 purchase with $3,388/mo rent. Total monthly income registers $3,388/mo, and a $2,492/mo payment leaves $340/mo available for distribution. Annual cash flow reaches $4,081/yr on $167,527 to close, and return on cash invested stands at 22.5% in year one. Equity gained on principal adds $3,286/yr while 5% annual appreciation supports $140,683 over five years. Portfolio math shows five-year ROI at 116.44% and total cumulative return in cash at $195,064. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,388/mo property income against a $2,492/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37363, Ooltewah, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,885 (100%) |
| Owner Occupied HU | 12,894 (72.1%) |
| Renter Occupied HU | 3,742 (20.9%) |
| Vacant Housing Units | 1,249 ( 7.0%) |
| Median Home Value | $385,069 |
| Average Home Value | $432,465 |
Housing Distribution
Address Breakdown
Residential
17,659
Single Family
16,798
Multi-Family
861
Businesses
805
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