332 Harris Rd SEOld FortTN37362
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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 Old Fort at 332 Harris Rd SE, Old Fort, TN, 37362 listed at $980,000 pairs $3,286/mo rent with a $4,797/mo payment. Total monthly income runs $3,286/mo. Return on cash invested measures 10.45% in year one, and rental yield registers 4.02% at a $980,000 basis. Equity gained on principal adds $6,324/yr, and annual property appreciation at 5% supports $270,756 by year five. Five-year ROI tracks 51.85% and total cumulative return in cash totals $167,172. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,286/mo property income relative to a $4,797/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2020
14.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37362, Oldfort, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,671 (100%) |
| Owner Occupied HU | 1,179 (70.6%) |
| Renter Occupied HU | 294 (17.6%) |
| Vacant Housing Units | 198 (11.8%) |
| Median Home Value | $133,131 |
| Average Home Value | $198,813 |
Housing Distribution
Address Breakdown
Residential
1,567
Single Family
1,567
Multi-Family
0
Businesses
22
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