LOT 77 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 LOT 77 Somerville Cottages, Chattanooga, TN, 37410 earns from $1,674/mo rent with a $1,591/mo payment. Total monthly income totals $1,674/mo. ROI tracks 16.88% on current figures, and rental yield reads 6.18% at a $325,000 purchase. Equity gained on principal adds $2,097/yr, and 5% annual appreciation supports $89,792 over five years. Five-year ROI reaches 86.38% and total cumulative return in cash sums $93,061. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,674/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: Christopher Todd • Rogue Real Estate Company llc
Mls Name: Greater Chattanooga Realtors
Mls ID: #1524637