Search Investment Homes in Chattanooga, Tennessee

Whether you are a savvy investor or are considering your purchasing your first investment property, Chattanooga is a great market for a long term investment. The Chattanooga real estate market has been remarkably steady over the last few years especially in comparison to many other metropolitan area around the nation. In most of the suburbs in Chattanooga the home values have remained stable and appreciated year after year. If you are looking to make a quick buck, this might not be the market for you, but if you want a secure property investment with proven returns you will want to consider the area for a number of reason. Besides the stability of the market, Chattanooga’s location is a exceptional for increased growth in the local economy for not only the medical industry, but it is also ideal for both small and large businesses alike as it is very convenient an connected by major interstates to several other large cities on the South such as Atlanta, Nashville, Knoxville, and Birmingham.

Chattanooga Investment Property Options

Chattanooga is not only a wonderful destination for a vacation or 2nd home but also ideal for a vacation rental as these properties are usually in high demand. These properties are a bargain in comparison with beachfront homes in Florida and Georgia and generally rent out for a comparable amount. Granted homes in beach front communities appreciate faster namely as a factor of their increased cost which can be easily be 3 times higher or more, but higher initial cost, taxes, insurance, and homeowner’s dues rarely allow owners to realize a positive cash flow. Likewise generally properties in these area that are not a minimum water view likely will not rent as a vacation property, but as a seasonal or annual rental. So the likelihood of owners being able to use their property in the ideal times of the year.
If you are looking for a more traditional investment such as Chattanooga foreclosures, land, or a annual rental, Chattanooga is a prime market for those as well as home building is still steady and the vacancy rate for residences is much lower than most area of the country. If you have additional questions about investing in the Chattanooga Area market, contact us for further assistance.