The Laurel Plan, The Grove on ProvidenceOoltewahTN37363
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 Ooltewah at The Laurel Plan, The Grove on Providence, Ooltewah, TN, 37363 with 5% annual appreciation on a $460,900 basis while $3,376/mo rent supports operations. Total monthly income totals $3,376/mo and a $2,256/mo payment preserves $532/mo for cash returns. Annual cash flow comes to $6,382/yr on $152,788 deployed, and return on cash invested reaches 24.09% in year one. Equity gained on principal adds $2,974/yr, and five-year appreciation sums $127,338 alongside rental yield of 8.79%. Five-year ROI measures 125.21% and total cumulative return in cash totals $191,300.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,376/mo property income versus a $2,256/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2025
N/A lot
$N/A/sqft
$85 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
