The Wellesley Plan, The Grove on ProvidenceOoltewahTN37363
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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
Investment property for sale in Ooltewah at The Wellesley Plan, The Grove on Providence, Ooltewah, TN, 37363 listed at $476,900 pairs $3,239/mo rent with a $2,334/mo payment to leave $299/mo cash flow. Total monthly income runs $3,239/mo, and annual cash flow reaches $3,593/yr on $158,092 cash to close. Return on cash invested measures 22.18% in year one, and rental yield registers 8.15% at a $476,900 basis. Equity gained on principal adds $3,077/yr, and annual property appreciation at 5% supports $131,759 by year five. Five-year ROI tracks 115.01% and total cumulative return in cash totals $181,815. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,239/mo property income relative to a $2,334/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
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
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