620 Harrison Ferry RdBaneberryTN37890
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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 Baneberry at 620 Harrison Ferry Rd, Baneberry, TN, 37890 offers a 7.67% rental yield on a $339,000 purchase with $2,167/mo rent. Total monthly income registers $2,167/mo, and a $1,659/mo payment leaves $138/mo available for distribution. Annual cash flow reaches $1,655/yr on $112,379 to close, and return on cash invested stands at 21.38% in year one. Equity gained on principal adds $2,188/yr while 5% annual appreciation supports $93,659 over five years. Portfolio math shows five-year ROI at 110.47% and total cumulative return in cash at $124,144. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,167/mo property income against a $1,659/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1980
0.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37890, White Pine, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,425 (100%) |
| Owner Occupied HU | 2,327 (67.9%) |
| Renter Occupied HU | 670 (19.6%) |
| Vacant Housing Units | 428 (12.5%) |
| Median Home Value | $241,904 |
| Average Home Value | $370,144 |
Housing Distribution
Address Breakdown
Residential
3,031
Single Family
2,603
Multi-Family
428
Businesses
163
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