281 Scenic DrHarrimanTN37748
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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 Harriman at 281 Scenic Dr, Harriman, TN, 37748 listed at $339,900 pairs $2,509/mo rent with a $1,664/mo payment to leave $474/mo cash flow. Total monthly income runs $2,509/mo, and annual cash flow reaches $5,687/yr on $112,677 cash to close. Return on cash invested measures 24.96% in year one, and rental yield registers 8.86% at a $339,900 basis. Equity gained on principal adds $2,193/yr, and annual property appreciation at 5% supports $93,908 by year five. Five-year ROI tracks 129.64% and total cumulative return in cash totals $146,075. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,509/mo property income relative to a $1,664/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1979
1.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37748, Harriman, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,435 (100%) |
| Owner Occupied HU | 5,520 (65.4%) |
| Renter Occupied HU | 1,956 (23.2%) |
| Vacant Housing Units | 959 (11.4%) |
| Median Home Value | $204,132 |
| Average Home Value | $249,425 |
Housing Distribution
Address Breakdown
Residential
7,786
Single Family
7,584
Multi-Family
202
Businesses
504
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