Welcome to 229 Rhine Road, a prime investor opportunity in Rocky Face offering immediate income and long term potential. This duplex is fully tenant occupied with each unit currently renting for $1100, producing a strong total monthly income of $2200 from day one.
The property features two separate entrances, providing privacy and convenience for each unit. With a total of 5 bedrooms and 2 full baths, the layout offers flexibility for continued rental use or future value add improvements. An open yard surrounds the home, complemented by peaceful views of the surrounding greenery that add to its appeal for tenants.
Whether you are looking to expand your rental portfolio or secure a steady income producing property, this duplex checks the boxes with consistent occupancy, desirable setting, and solid returns. Don't miss this opportunity to invest in a property that is already working for you!
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Source: Greater Chattanooga Realtors. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.