Premium Modern Design Plan, Madison TownhomesChattanoogaTN37408
Nearby investment properties with comparable rents
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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
Rental property for sale in Chattanooga at Premium Modern Design Plan, Madison Townhomes, Chattanooga, TN, 37408 priced at $699,000 converts $2,400/mo rent into after a $3,421/mo obligation. Total monthly income equals $2,400/mo. Return on cash invested prints 9.45% in year one, and rental yield reads 4.12% against a $699,000 entry. Equity gained on principal adds $4,511/yr, while 5% annual appreciation compiles into $193,121 by year five. Five-year ROI reaches 46.9% and total cumulative return in cash sums $107,858. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,400/mo property income covering a $3,421/mo payment, not borrower’s personal income.
Townhouse
Built in 2026
N/A lot
$N/A/sqft
$250 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37408, Chattanooga, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,877 (100%) |
| Owner Occupied HU | 556 (19.3%) |
| Renter Occupied HU | 1,689 (58.7%) |
| Vacant Housing Units | 632 (22.0%) |
| Median Home Value | $452,147 |
| Average Home Value | $509,573 |
Housing Distribution
Address Breakdown
Residential
2,714
Single Family
2,480
Multi-Family
234
Businesses
616
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Listed by: N/A • Mapleleaf Realco
Mls Name: Real Estate Partners Chattanooga, LLC
Mls Provider:
Mls ID: #N/A