1605 Castleberry Ave

Chattanooga, TN 37412
image0

2 bd, 1 ba | 868 sqft | Built in 1946

slider image
slider image
slider image

Favorite

List Price
$239,900

Initial Investment

$65,373

Purchase Price

$239,900

Down Payment

25%

Rent

$1,350

Total Return

$112,680

Annualized Return

21.4%

Cap Rate

4.7%

Gross Yield

6.8%

Cash Flow

-$2,342

Appreciation

8.9%
refreshReset to Default
Edit Assumptions
Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

10,019

HOA

None

Flood Risk

Not Required

Renovated 2 bedroom 1 bath home. Convenient to I-75 and downtown, this home has all hardwood floors, new kitchen cabinets, fresh paint, new light fixtures, new appliances and more. Call today!

MARKETS

View Stats

NEIGHBORHOOD

SCHOOLS

See more in Analysis
Tracy Denton
eXp Realty LLC (Tracy Denton)
TN Agent License #337885

Annual Financial Highlights

Expected Rent

$15,390

Expenses

-$2,739

Property Taxes

-$1,950

Loan Payments

-$13,042

Net Cash Flow

-$2,342

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.
View Options

Similar Listings



Listing Courtesy of:Brandi Pearl Thompson
Agent License 296276
Keller Williams Realty
Certified Agent Brokerage:Tracy Denton
eXp Realty LLC (Tracy Denton)
TN Brokerage License 262943
SourceGreater Chattanooga Association of Realtors, Inc. CMLS (CIE)
MLS #1503285
Last Updated: 11/15/2024 18:11
Disclaimer: The accuracy of this information is deemed reliable but not guaranteed or warrantied. All information should be independently verified before making purchase decisions. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The content relating to real estate for sale on this website appears courtesy of the Multiple Listing Service (MLS) listed as the “Source” on this page. Individual listings appear with the permission of the real estate brokerage identified under the “Listing Agent” on this page.