7 Harris DrBrownsvilleTN38012
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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 Brownsville at 7 Harris Dr, Brownsville, TN, 38012 with 5% annual appreciation on a $229,000 basis while $2,081/mo rent supports operations. Total monthly income totals $2,081/mo and a $1,121/mo payment preserves $710/mo for cash returns. Annual cash flow comes to $8,520/yr on $75,914 deployed, and return on cash invested reaches 31.13% in year one. Equity gained on principal adds $1,478/yr, and five-year appreciation sums $63,268 alongside rental yield of 10.9%. Five-year ROI measures 162.82% and total cumulative return in cash totals $123,605.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,081/mo property income versus a $1,121/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38012, Brownsville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,235 (100%) |
| Owner Occupied HU | 3,273 (52.5%) |
| Renter Occupied HU | 2,315 (37.1%) |
| Vacant Housing Units | 647 (10.4%) |
| Median Home Value | $219,276 |
| Average Home Value | $274,950 |
Housing Distribution
Address Breakdown
Residential
6,009
Single Family
5,728
Multi-Family
281
Businesses
597
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Listed by: Vickie Branch • Conner Real Estate Brownsville
Mls Name: CWTAR
Mls Provider:
Mls ID: #242066
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