8820 Forest Pond 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 8820 Forest Pond Dr, Harrison, TN, 37341 listed at $299,900 pairs $2,453/mo rent with a $1,468/mo payment to leave $658/mo cash flow. Total monthly income runs $2,453/mo, and annual cash flow reaches $7,891/yr on $99,417 cash to close. Return on cash invested measures 27.85% in year one, and rental yield registers 9.82% at a $299,900 basis. Equity gained on principal adds $1,935/yr, and annual property appreciation at 5% supports $82,857 by year five. Five-year ROI tracks 145.16% and total cumulative return in cash totals $144,316. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,453/mo property income relative to a $1,468/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1992
0.64 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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Listed by: A Non-Member • --NON-MEMBER OFFICE--
Mls Name: RCAR
Mls Provider:
Mls ID: #20252958
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 2025-07-02 07:05:50 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.