3 Harrison RdFive PointsTN38457
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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
Rental property for sale in Five Points at 3 Harrison Rd, Five Points, TN, 38457 priced at $389,000 converts $0/mo rent into after a $1,904/mo obligation. Total monthly income equals $0/mo. Return on cash invested prints -1.76% in year one, and rental yield reads 0% against a $389,000 entry. Equity gained on principal adds $2,510/yr, while 5% annual appreciation compiles into $107,474 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $0/mo property income covering a $1,904/mo payment, not borrower’s personal income.
Single Family
Built in 2022
10.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38457, Five Points, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 401 (100%) |
| Owner Occupied HU | 302 (75.3%) |
| Renter Occupied HU | 47 (11.7%) |
| Vacant Housing Units | 52 (13.0%) |
| Median Home Value | $236,250 |
| Average Home Value | $306,424 |
Housing Distribution
Address Breakdown
Residential
363
Single Family
363
Multi-Family
0
Businesses
21
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Clasha Tanner • United Country - Columbia Realty & Auction
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #2958358