7426 Davis Mill Cir

Harrison, TN 37341
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3 bd, 2 ba | 2,006 sqft | Built in 2013

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List Price
$300,000

Initial Investment

$81,750

Purchase Price

$300,000

Down Payment

25%

Rent

$1,550

Total Return

$141,035

Annualized Return

21.1%

Cap Rate

4.2%

Gross Yield

6.2%

Cash Flow

-$4,220

Appreciation

9.2%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

10,454

HOA

None

Flood Risk

Not Required

Welcome to this charming 3-bedroom, 2-bathroom home that perfectly combines timeless character with modern living. Nestled on a tranquil lot, this home offers a peaceful retreat while providing ample space for comfortable living both inside and out. As you step inside, you'll be greeted by beautiful original hardwood floors that flow throughout the main level, adding a sense of warmth and classic charm to the home.
The open floor plan creates a seamless connection between the spacious living room, dining area, and kitchen, making it ideal for both daily living and entertaining. Whether you're preparing meals in the kitchen or relaxing with loved ones, the open layout ensures everyone stays connected.
The home also boasts generously sized living spaces on both levels, offering flexibility to create additional gathering areas, home offices, or even a personal gym. Each room feels open and bright, with large windows bringing in natural light, creating an airy, inviting atmosphere.
Step outside onto the recently updated back deck, where you can unwind and enjoy the peaceful surroundings. This outdoor space is perfect for hosting barbecues, relaxing with a good book, or simply taking in the serene views of your expansive, one-acre yard. The property offers plenty of room for outdoor activities, gardening, or even adding your personal touch with landscaping.
With its blend of original hardwood floors, an open layout, and spacious living areas across two levels, this home is designed for modern comfort while retaining its classic appeal. Whether you're looking for a peaceful escape or a place to entertain, this property offers the perfect balance of both. Don't miss the chance to make this beautiful home your own—schedule your showing today!

See more in Analysis
Tracy Denton
eXp Realty LLC (Tracy Denton)
TN Agent License #337885

Annual Financial Highlights

Expected Rent

$17,670

Expenses

-$2,880

Property Taxes

-$2,700

Loan Payments

-$16,310

Net Cash Flow

-$4,220

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

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Listing Courtesy of:Asher Black
Agent License 359562
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Certified Agent Brokerage:Tracy Denton
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SourceGreater Chattanooga Association of Realtors, Inc. CMLS (CIE)
MLS #1501029
Last Updated: 11/21/2024 14:11
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