Under $500K Investment Properties for Sale in Ooltewah, TN
Listed for sale 1 day ago
$ 389,900
ROI
23.6
Cash Flow/m
420- 3 Bed
- 2 Bath
- 1735 sft
The Orchid Plan, Retreat at Oakbrook, Ooltewah, TN, 37363
Listed for sale 1 day ago
$ 414,990
ROI
28.9Cash Flow/m
1056- 4 Bed
- 2 Bath
- 1764 sft
Cali Plan, Harbor Crest, Ooltewah, TN, 37363
Listed for sale 1 day ago
$ 415,000
ROI
21.9Cash Flow/m
243- 3 Bed
- 2 Bath
- 1581 sft
5710 Edgmon Rd, Ooltewah, TN, 37363
Listed for sale 1 day ago
$ 334,900
ROI
26.7Cash Flow/m
651- 3 Bed
- 3 Bath
- 1710 sft
6220 Hunter Valley Rd, Ooltewah, TN, 37363
Why Invest in Ooltewah, Tennessee?
Discover investment opportunities in Ooltewah, TN under $500K, where single-family homes offer strong entry points for cash-flowing rentals. Proximity to Chattanooga drives demand from commuters and families. Average rental yields hover around 6-7%, with cap rates of 5-6% supporting steady returns. Annual appreciation averages 4%, bolstered by population growth and low vacancy rates. Renter-occupied housing exceeds 25%, ensuring reliable tenant pools.
8.5%
Avg. ROI
6.8%
Rental Yield
5.7%
Cap Rate
$450/mo
Avg. Cash Flow
$1450/mo
Avg. Rent
4.2%
1Y Appreciation
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