Fix And Flip Investment Properties for Sale in Ooltewah, TN
Fix & Flip
Listed for sale 7 days ago
$ 300,000
ROI
28.6
Cash Flow/m
742- 3 Bed
- 2 Bath
- 1360 sft
8311 Bill Reed Rd, Ooltewah, TN, 37363
Fix & Flip
$ 399,000
ROI
23.9Cash Flow/m
463- 3 Bed
- 3 Bath
- 2606 sft
8704 Sunridge Dr, Ooltewah, TN, 37363
Fix & Flip
$ 220,000
ROI
22.3Cash Flow/m
157- 3 Bed
- 2 Bath
- 1585 sft
8316 Pine Ridge Rd, Ooltewah, TN, 37363
Fix & Flip
$ 295,000
ROI
28.6Cash Flow/m
730- 3 Bed
- 2 Bath
- 1427 sft
7598 Pfizer Dr, Ooltewah, TN, 37363
Why Invest in Ooltewah, Tennessee?
Ooltewah, TN offers strong potential for fix-and-flip investors targeting undervalued single-family homes. Recent data shows median home prices around $445K with modest 2-3% annual appreciation[1][2][3]. Homes sell after 38-44 days on average, providing quick turnarounds[1]. Rental yields hover near 5-6% while cap rates support 7-8% returns for renovated properties. Growing demand from Chattanooga commuters enhances resale value.
15%
Avg. ROI
5.5%
Rental Yield
7.2%
Cap Rate
$450/mo
Avg. Cash Flow
$2600/mo
Avg. Rent
2.5%
1Y Appreciation
Frequently Asked Questions
Yes, with median prices at $445K and 2-3% appreciation, flips benefit from quick 38-day sales and strong commuter demand. Renovated homes capture equity gains near Chattanooga. Focus on Highway 58 corridor for best returns.
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