2704 E 21ST ST

CHATTANOOGA, TN 37404
image0

3 bd, 2 ba | 1,352 sqft | Built in 1925

slider image
slider image
slider image
List Price
$239,000

Initial Investment

$65,128

Purchase Price

$239,000

Down Payment

25%

Rent

$1,720

Total Return

$136,502

Annualized Return

25.9%

Cap Rate

6.2%

Gross Yield

8.6%

Cash Flow

$924

Appreciation

9.3%
refreshReset to Default
Edit Assumptions
Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

5,805

HOA

None

Flood Risk

Not Required

Welcome to this charming 1925 cottage that's been thoughtfully renovated and is ready for new owners to love it. The home has fresh new flooring throughout, high ceilings with recessed lighting in the main living areas, and three comfy bedrooms—each with ceiling fans and large closets. There are also two full bathrooms, so plenty of space for everyone. The open kitchen is great for cooking and hanging out, with all stainless steel appliances and a layout that flows right into the living and dining areas. Out front, you've got a big front porch where you can relax and enjoy the neighborhood, and out back there's a nice deck that's perfect for grilling or just kicking back. The home sits on a quiet lot at the end of the street, giving you a little extra peace and privacy. The roof is only five years old, and everything's been updated to make life easy. This place is a real gem—come see it for yourself!

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

Annual Financial Highlights

Expected Rent

$19,608

Expenses

-$3,490

Property Taxes

-$2,200

Loan Payments

-$12,993

Net Cash Flow

$924

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.

Similar Listings



Listing Courtesy of:Jeremy Callahan
Agent License 323014
Better Homes and Gardens Real Estate Signature Brokers
Certified Agent Brokerage:Christopher Stjernholm
Trelora Realty, Inc.
AZ Brokerage License BR689329000
SourceGreater Chattanooga Association of Realtors, Inc. CMLS (CIE)
MLS #1510841
Last Updated: 04/11/2025 10:04
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.