thought With the price set at $275,000, this deal becomes a compelling "yield play." At a projected gross annual income of roughly $35,000 (post-increase), you are looking at a 12.7% Gross Yield, which is significantly higher than the national average for turnkey properties. Here is the investor-facing pitch refined with the specific pricing and "Owner/Agent" disclosure. Off-Market Opportunity: 12.7% Gross Yield Duplex East Chattanooga | Fully Stabilized | $275,000 This is a high-yield, low-maintenance addition to any portfolio. At $137,500 per door, this property offers a rare combination of guaranteed Section 8 cash flow and brand-new mechanicals, effectively eliminating the two biggest risks for rental investors: vacancy and unexpected CAPEX. The Numbers Purchase Price: $275,000
The rent increase has been approved for $1,460 for side B. Side A is now vacant but section 8 will pay another $1,460 for side A as well once it is ready to rent again. Annual Gross Income (Projected): $35,040 * Gross Yield: 12.7% Why This Deal Wins 1. Strategic CAPEX Infusion (2024–2025) An investor’s greatest enemy is "deferred maintenance." This property has been systematically updated to protect your margins: * HVAC: New (2025) * Water Heaters: Both New (2024 & 2025) * Cosmetic: New flooring, vanities, and paint in Unit B (2024). * Appliances: Both stoves and Unit B’s refrigerator replaced (2024). 2. Guaranteed Income Stream Section 8 tenants provide recession-proof stability. With a 10% rent increase request already in progress, the buyer inherits an immediate "bump" in equity and cash-on-cash return without the typical marketing costs of finding new tenants. 3. Efficient Management Unit A is currently month-to-month, offering the new owner total flexibility to lock in a new long-term lease at the increased rate or maintain the current arrangement. Property Breakdown | Feature | Side A | Side B | |---|---|---| | Water Heater | New 2024 | New 2024 | | HVAC | Functional | New 2025 | | Appliances | New Stove (2024) |. New Stove & Fridge (2024) | | Interiors | New Doors (2025) |. New Flooring, Paint, Vanities (2024) | | Lease Status | MTM (thru 12/1/25) | MTM (thru 12/1/2025| Owner/Agent.
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ARV $295,000
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The seller picked no comps. Investimate’s own value for this home is $244,000.