3300 Redding Rd
Chattanooga, TN 37415
List Price
$190,000
Initial Investment
$51,775Purchase Price
$190,000
Down Payment
25%
Rent
$1,360
Total Return
$105,349
Annualized Return
25.4%
Cap Rate
6.1%
Gross Yield
8.6%
Cash Flow
$665
Appreciation
9.1%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
29,185
HOA
None
Flood Risk
Not Required
*Charming Red Bank Home on an Oversized Lot*
This Red Bank home offers a rare combination of space, potential, and location. Whether you're looking for a great starter home or your next rental investment, this one's full of opportunity.
Sitting on a larger-than-usual lot for the area, there's room to expand, add an ADU (as others have on the street—buyer to verify), or simply enjoy your own private outdoor space. With a little TLC, this home could shine and become the perfect long-term hold or personal retreat.
Just 10 minutes from downtown, shopping, and dining—don't miss your chance to own in one of Chattanooga's most convenient spots.
Please do not disturb tenants
*All information deemed reliable but not guaranteed. Buyer to verify all details.*
See more in Analysis
Tracy Denton
eXp Realty LLC (Tracy Denton)
TN Agent License #337885
Annual Financial Highlights
Expected Rent
$15,504Expenses
-$2,760Property Taxes
-$1,750Loan Payments
-$10,329Net Cash Flow
$665See 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 #1511174
Last Updated: 04/17/2025 13:04
MLS #1511174
Last Updated: 04/17/2025 13:04