WRIGLEY Plan, ReflectionsOoltewahTN37363
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
Rental property for sale in Ooltewah at WRIGLEY Plan, Reflections, Ooltewah, TN, 37363 priced at $488,900 converts $3,667/mo rent into $740/mo cash flow after a $2,393/mo obligation. Total monthly income equals $3,667/mo, and annual cash flow totals $8,883/yr on $162,070 invested. Return on cash invested prints 25.39% in year one, and rental yield reads 9% against a $488,900 entry. Equity gained on principal adds $3,155/yr, while 5% annual appreciation compiles into $135,074 by year five. Five-year ROI reaches 131.98% and total cumulative return in cash sums $213,903. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,667/mo property income covering a $2,393/mo payment, not borrower’s personal income.
Single Family
Built in 2026
N/A lot
$N/A/sqft
No 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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