1051 Harmon DrAtokaTN38004
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Atoka at 1051 Harmon Dr, Atoka, TN, 38004 uses $104,423 cash to close to unlock $7,837/yr annual cash flow and $653/mo monthly cash flow. Total monthly income runs $2,539/mo, and a $1,542/mo payment keeps the spread at $653/mo. Purchase price stands at $315,000, and rental yield measures 9.67% with $2,539/mo rent. Return on cash invested shows 27.41% in year one, and 5% annual appreciation builds toward $87,029 over five years. Five-year ROI reaches 142.87% and total cumulative return in cash records $149,189. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,539/mo property income covering a $1,542/mo payment rather than investor’s personal income.
Single Family
Built in 2008
1.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38004, Atoka, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,488 (100%) |
| Owner Occupied HU | 3,809 (84.9%) |
| Renter Occupied HU | 548 (12.2%) |
| Vacant Housing Units | 131 ( 2.9%) |
| Median Home Value | $302,628 |
| Average Home Value | $323,020 |
Housing Distribution
Address Breakdown
Residential
4,300
Single Family
4,121
Multi-Family
179
Businesses
300
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Listed by: Charles Hurt • Real Estate Mart of TN, Inc.
Mls Name: MAAR
Mls Provider:
Mls ID: #10192303
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