Hickory Ridge I A Plan, Chattanooga, TN: Build On Your Lot, Chattanooga, TN, 37421 | $308/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Chattanooga at Hickory Ridge I A Plan, Chattanooga, TN: Build On Your Lot, Chattanooga, TN, 37421 offers $2,510/mo rent that, after a $1,800/mo payment, leaves $308/mo cash flow. Total monthly income is $2,510/mo, and annual cash flow is $3,702/yr on $121,930 cash. Return on cash invested measures 22.94% in year one, and rental yield stands at 8.19% at a $367,813 entry. Equity gained on principal adds $2,373/yr while 5% annual appreciation compounds into $101,620 by year five. Five-year ROI records 118.87% and total cumulative return in cash reaches $144,938. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,510/mo property income versus a $1,800/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 2025

N/A lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 37421, Chattanooga, TN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	23,881 (100%)
Owner Occupied HU	13,361 (55.9%)
Renter Occupied HU	8,968 (37.6%)
Vacant Housing Units	1,552 ( 6.5%)
Median Home Value	$353,624
Average Home Value	$388,779