412 E Harp StManchesterTN37355
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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 Manchester at 412 E Harp St, Manchester, TN, 37355 at $299,900 posts ROI 24.12% with $349/mo cash flow from $2,144/mo rent. Total monthly income equals $2,144/mo, and annual cash flow records $4,183/yr on $99,417 to close. Return on cash invested measures 24.12% and rental yield reads 8.58% at the current $299,900. Equity gained on principal adds $1,935/yr, and 5% annual appreciation supports $82,857 by year five. Five-year ROI prints 125.15% and total cumulative return in cash totals $124,420.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,144/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1905
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37355, Manchester, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,681 (100%) |
| Owner Occupied HU | 8,400 (66.2%) |
| Renter Occupied HU | 3,398 (26.8%) |
| Vacant Housing Units | 883 ( 7.0%) |
| Median Home Value | $325,291 |
| Average Home Value | $360,419 |
Housing Distribution
Address Breakdown
Residential
12,034
Single Family
11,770
Multi-Family
264
Businesses
765
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Listed by: Steve Jernigan • Steve Jernigan Realty
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #3030299