6504 Oak DrHarrisonTN37341
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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 Harrison at 6504 Oak Dr, Harrison, TN, 37341 offers a 9.15% rental yield on a $325,000 purchase with $2,478/mo rent. Total monthly income registers $2,478/mo, and a $1,591/mo payment leaves $532/mo available for distribution. Annual cash flow reaches $6,387/yr on $107,738 to close, and return on cash invested stands at 25.84% in year one. Equity gained on principal adds $2,097/yr while 5% annual appreciation supports $89,792 over five years. Portfolio math shows five-year ROI at 134.39% and total cumulative return in cash at $144,793. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,478/mo property income against a $1,591/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1964
1.96 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37341, Harrison, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,883 (100%) |
| Owner Occupied HU | 4,881 (83.0%) |
| Renter Occupied HU | 709 (12.1%) |
| Vacant Housing Units | 293 ( 5.0%) |
| Median Home Value | $369,599 |
| Average Home Value | $458,541 |
Housing Distribution
Address Breakdown
Residential
5,386
Single Family
5,386
Multi-Family
0
Businesses
203
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