6204 Atlanta Ave

Chattanooga, TN 37421
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3 bd, 2 ba | 1,218 sqft | Built in 2009

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List Price
$200,000

Initial Investment

$54,500

Purchase Price

$200,000

Down Payment

25%

Rent

$1,820

Total Return

$127,073

Annualized Return

29.6%

Cap Rate

7.8%

Gross Yield

10.9%

Cash Flow

$3,983

Appreciation

9.0%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

8,712

HOA

None

Flood Risk

Not Required

BACK ON MARKET and priced below recent appraisal. Motivated seller! Recently painted. Come check out this open concept, single level 3 bedroom 2 bath home with a partially fenced backyard. This house is in a great location with dining, shopping, access to all major freeways and the airport all close by. This house does need some TLC, but would make a great first time home or investment property. Sold ''as-is.''

MARKETS

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NEIGHBORHOOD

SCHOOLS

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Tracy Denton
eXp Realty LLC (Tracy Denton)
TN Agent License #337885

Annual Financial Highlights

Expected Rent

$20,748

Expenses

-$4,092

Property Taxes

-$1,800

Loan Payments

-$10,873

Net Cash Flow

$3,983

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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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Similar Listings



Listing Courtesy of:Emily Wiersema
Agent License 371681
Coldwell Banker Pryor Realty
Certified Agent Brokerage:Tracy Denton
eXp Realty LLC (Tracy Denton)
TN Brokerage License 262943
SourceGreater Chattanooga Association of Realtors, Inc. CMLS (CIE)
MLS #1510652
Last Updated: 04/28/2025 22:04
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.