7503 Davis Mill RdHarrisonTN37341
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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 7503 Davis Mill Rd, Harrison, TN, 37341 uses $49,725 cash to close to unlock $2,823/yr annual cash flow and $235/mo monthly cash flow. Total monthly income runs $1,133/mo, and a $734/mo payment keeps the spread at $235/mo. Purchase price stands at $150,000, and rental yield measures 9.06% with $1,133/mo rent. Return on cash invested shows 25.59% in year one, and 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 133.1% and total cumulative return in cash records $66,186. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,133/mo property income covering a $734/mo payment rather than investor’s personal income.
Manufactured
Built in 1973
0.43 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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