7218 Condra DrHarrisonTN37341
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe income profile at 7218 Condra Dr, Harrison, TN, 37341 in Harrison is straightforward: $285,000 in, $2,192/mo in rent, $486/mo out after debt service. The 9.23% gross yield and 1.71 DSCR make this exactly the kind of asset Ziffy Mortgage finances for non-U.S. residents without income documentation. Appreciation at 5%/yr adds $78,740 by year five. With $2,625/yr in principal equity, the total cumulative return is projected at $139,055.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 6.2% |
| Monthly Cash Flow | $486 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,192 |
| Total Monthly Debt Service | $1,593 |
| DSCR Ratio | 1.38x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2000
0.68 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 2000
0.68 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Cynthia Rhoda • Realty One Group Experts - Cleveland
Mls Name: RCAR
Mls Provider:
Mls ID: #20252674
Disclaimer: The data relating to real estate for sale on this web site comes in part from the IDX Program of the River Counties Multiple Listing Service, Inc. Copyright 2025. All rights reserved Data is updated as of 2025-10-24 04:25:32 PDT. Some properties, which appear for sale on this web site, may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advised interested parties to confirm the data before relying on it in a purchase decision. Some or all of the listings displayed may not belong to the firm whose website is being visited The information provided is for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.