The Redwood Plan, NorthwindChattanoogaTN37405
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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 The Redwood Plan, Northwind, Chattanooga, TN, 37405 priced at $494,000 converts $3,548/mo rent into $591/mo cash flow after a $2,418/mo obligation. Total monthly income equals $3,548/mo, and annual cash flow totals $7,089/yr on $163,761 invested. Return on cash invested prints 24.24% in year one, and rental yield reads 8.62% against a $494,000 entry. Equity gained on principal adds $3,188/yr, while 5% annual appreciation compiles into $136,483 by year five. Five-year ROI reaches 125.79% and total cumulative return in cash sums $205,988. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,548/mo property income covering a $2,418/mo payment, not borrower’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37405, Chattanooga, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,455 (100%) |
| Owner Occupied HU | 4,694 (44.9%) |
| Renter Occupied HU | 4,543 (43.5%) |
| Vacant Housing Units | 1,218 (11.6%) |
| Median Home Value | $464,524 |
| Average Home Value | $559,313 |
Housing Distribution
Address Breakdown
Residential
10,432
Single Family
8,282
Multi-Family
2,150
Businesses
1,207
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Listed by: N/A • Greentech Homes LLC
Mls Name: GreenTech Homes LLC
Mls ID: #N/A