Chickadee Plan, Somerville CottagesChattanoogaTN37410
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 Chattanooga at Chickadee Plan, Somerville Cottages, Chattanooga, TN, 37410 earns $65/mo cash flow from $1,768/mo rent with a $1,392/mo payment. Total monthly income totals $1,768/mo, and annual cash flow totals $785/yr on $94,312 capital. ROI tracks 20.74% on current figures, and rental yield reads 7.46% at a $284,500 purchase. Equity gained on principal adds $1,836/yr, and 5% annual appreciation supports $78,602 over five years. Five-year ROI reaches 107.06% and total cumulative return in cash sums $100,973. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,768/mo property income instead of your personal income.
Single Family
Built in 2025
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