420 Glenhill Dr

Chattanooga, TN 37415
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3 bd, 2 ba | 1,596 sqft | Built in 1960

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List Price
$330,000

Initial Investment

$89,925

Purchase Price

$330,000

Down Payment

25%

Rent

$2,170

Total Return

$175,485

Annualized Return

24.2%

Cap Rate

5.7%

Gross Yield

7.9%

Cash Flow

-$256

Appreciation

9.1%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

12,300

HOA

None

Flood Risk

Not Required

Discover the timeless appeal of this midcentury, one-level, all-brick home nestled in the heart of Red Bank. The combined living room and dining room boast original one-inch pine hardwood flooring, enhanced by the abundant natural light pouring in from large windows. The kitchen offers home chefs modern conveniences with stainless steel appliances, granite countertops, and solid wood cabinets. Conveniently located just off the kitchen, the laundry room provides ample cabinet storage space. Relax and unwind in the spacious den/family room with painted wood-paneled walls situated between the kitchen and bedrooms. Each bedroom is generously sized, featuring refinished hardwood floors and updated fixtures. A versatile bonus room with a charming brick wall can serve as a sunroom, home office, or hobby room, and includes a sliding back door leading to the patio, perfect for easy outdoor grilling and entertaining. The cleared, level grassy backyard is an ideal space for kids, pets, and gardening enthusiasts to play and enjoy. With easy access to Dayton Blvd and Highway 27, this home offers a convenient daily commute. Don't miss the chance to own this classic mid-century beauty!

See more in Analysis
Christopher Stjernholm
Trelora Realty, Inc.
AZ Agent License #359852

Annual Financial Highlights

Expected Rent

$24,738

Expenses

-$4,403

Property Taxes

-$2,650

Loan Payments

-$17,941

Net Cash Flow

-$256

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.

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Listing Courtesy of:Cheryl Fuqua
Agent License 277509
Keller Williams Realty
Certified Agent Brokerage:Christopher Stjernholm
Trelora Realty, Inc.
AZ Brokerage License BR689329000
SourceGreater Chattanooga Association of Realtors, Inc. CMLS (CIE)
MLS #1396164
Last Updated: 07/23/2024 18:07
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