722 Sewanee StHarrimanTN37748
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
Investment Highlights
Investment property for sale in Harriman at 722 Sewanee St, Harriman, TN, 37748 offers a 6.21% rental yield on a $247,500 purchase with $1,280/mo rent. 97% in year one. Equity gained on principal adds $1,597/yr while 5% annual appreciation supports $68,380 over five years. Portfolio math shows five-year ROI at 86.8% and total cumulative return in cash at $71,213. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,280/mo property income against a $1,211/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1940
9,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37748, Harriman, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,435 (100%) |
| Owner Occupied HU | 5,520 (65.4%) |
| Renter Occupied HU | 1,956 (23.2%) |
| Vacant Housing Units | 959 (11.4%) |
| Median Home Value | $204,132 |
| Average Home Value | $249,425 |
Housing Distribution
Address Breakdown
Residential
7,786
Single Family
7,584
Multi-Family
202
Businesses
504
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices