Frontflip
Deals
My Reports
Get the iOS app
Invite
Settings
Login / Sign up
Deals
My Reports
2
Values up 3.5%, Rent at $2,844
Updated 11 days ago • 10 new comps
Your Investment Paths
Turnkey Rental
The property at 5698 Prickly Loop shows strong rental potential with monthly income estimates between $2,704 and $2,892. These figures align well with current market activity in Ooltewah, suggesting a solid outlook for consistent rental demand. This investment offers an attractive projected yield of approximately 8.09%. Given the median market rent of $2,770 and steady appreciation trends, this home represents a reliable opportunity for investors seeking balanced income and growth in Ooltewah.
More about this home
Neighborhood Assessment
Sweet Briar in Ooltewah is a newly developed master-planned community featuring modern D.R. Horton construction with strong fundamentals. The neighborhood offers excellent schools nearby, including Ooltewah Elementary (rated 8/10) just 2.1 miles away. New construction homes here are selling consistently in the $380K-$431K range, with your 2,804 sqft, 4-bed property at $415K representing fair market value. The subdivision shows solid demand with comparable properties moving quickly.
Market Activity
+ Ask a question in the app
Rental Income
$34K
Yield
8.1%
Appreciation
$414
Year 1 Estimates
Fix-and-Flip
Updating your home is a smart way to boost value and appeal. Properties featuring these touches trade at $199 per square foot, a 7% increase over the $185 baseline. This shift creates a fresh, modern living experience. These upgrades can elevate your potential sale price to roughly $590,000, while maintaining steady rental appeal. This investment transforms your space, helping it shine in a competitive market while offering immediate lifestyle benefits and long-term equity growth.
Value Add
$39K
Appreciation
$561
Post Typical Renovation
Buy-Rehab-Rent
This property shows solid potential with a post-renovation value estimated between $534,000 and $590,000. Renovations capitalize on a price per square foot uplift, effectively bridging the gap between baseline market values and higher-end renovated sales. Annual rental income is projected at $34,128, resulting in a 6.1% yield. While the yield is steady, the property's modern 2024 construction ensures minimal immediate capital expenditure, making it a stable long-term hold for investors.
Rental Income
$34K
Yield
6.1%
Appreciation
$561
Year 1 Estimates, Post Typical Renovation
Estimated value
$415K
$95.6K below comp median
Comparative Market Analysis
$418K – $565K
~28 days to sell
Based on 8 comps
5698 Prickly Loop, Ooltewah Investment Report: Flip & Rental Analysis · Frontflip