5313 Lazard St
Chattanooga, TN 37412
List Price
$265,000
Initial Investment
$72,213Purchase Price
$265,000
Down Payment
25%
Rent
$1,750
Total Return
$136,037
Annualized Return
23.6%
Cap Rate
5.6%
Gross Yield
7.9%
Cash Flow
-$408
Appreciation
8.9%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
22,470
HOA
None
Flood Risk
Not Required
Welcome to this adorable home that's ready for its next owner! Whether you're a first-time homebuyer, an empty nester looking to downsize, or an investor searching for a fantastic opportunity, this home has it all. Step inside to discover fresh paint, brand-new luxury vinyl flooring, and stylish new fixtures throughout, creating a modern and inviting atmosphere. One of the standout features of this home is the huge bonus room, offering the flexibility to be used as a third bedroom, home office, or entertainment space. Outside, you'll love the spacious deck—perfect for relaxing or entertaining—overlooking an enormous fenced backyard, ideal for kids, pets, gardening, or outdoor fun.
This move-in-ready gem is not in a flood zone and won't last long! Schedule your showing today!
See more in Analysis
Tracy Denton
eXp Realty LLC (Tracy Denton)
TN Agent License #337885
Annual Financial Highlights
Expected Rent
$19,950Expenses
-$3,551Property Taxes
-$2,400Loan Payments
-$14,407Net Cash Flow
-$408See 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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SourceGreater Chattanooga Association of Realtors, Inc. CMLS (CIE)
MLS #1509054
Last Updated: 03/14/2025 02:03
MLS #1509054
Last Updated: 03/14/2025 02:03