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Property Description
* * Investment Opportunity – Tenant in Place! * * Welcome to 8121 Bonnafair Dr, a beautifully updated 2-bedroom, 1-bath HPR offering modern updates, privacy, and exceptional investment potential. Originally part of a duplex, this home lives like a single-family residence with its own private entrance, fully fenced backyard, and inviting outdoor living space. Recent improvements include * * all-new flooring * * , a * * new roof * * , and a * * beautiful new deck * * , creating a move-in-ready property with lasting value. The private, fenced backyard provides the perfect setting for relaxing, entertaining, or enjoying outdoor activities. One of the home's most impressive features is the * * full unfinished basement * * . A significant portion offers ample ceiling height for future finishing and already includes plumbing, presenting an outstanding opportunity to add additional living space, a home office, recreation room, guest suite, or gym while increasing the property's value. * * The property is leased at $1, 750 per month through June 30, 2027, providing immediate, stable rental income for the next owner. * * For buyers interested in occupying the home as a primary residence, the owner is willing to work with the buyer and explore relocating the current tenant to another property, allowing for owner occupancy. Conveniently located in Hermitage, just minutes from Percy Priest Lake, Nashville International Airport, shopping, dining, and downtown Nashville, this property combines an excellent location with strong income potential and future upside. Don't miss this rare opportunity to own a beautifully updated, income-producing property with expansion potential in one of Nashville's most desirable and convenient areas.
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Assumptions and Disclosures
- Interest rates and APRs presented are based on current market rates, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables - call for details.
- This is not a credit decision or a commitment to lend.
- Depending on loan guidelines, mortgage insurance may be required
- If mortgage insurance is required, the mortgage insurance premium could increase the APR and the monthly mortgage payment. Additional loan programs may be available.
- APR (annual percentage rate) reflects the effective cost of your loan on a yearly basis, taking into account such items as interest, most closing costs, discount points (also referred to as "points"), and loan-origination fees. One point is 1% of the mortgage amount (e.g., $1,000 on a $100,000 loan).
- Your monthly payment is not based on APR, but instead on the interest rate on your Note.
- Adjustable Rate Mortgage (ARM) rates assume no increase in the financial index after the initial fixed period. ARM rates and monthly payments are subject to increase after the fixed period.
- These special rates presented here are only available when you pre-qualify and are not guaranteed until lock-in.
- Amounts may be rounded up. Additional fees and closing costs apply. If the down payment is less than 20%, mortgage insurance may be needed, which could increase the monthly payment and APR.
- Calculations are generated by Open Source mortgage calculation software tools using common mathematical formulas. All calculations should be independently verified.
- Please contact a loan specialist to get specific payment examples and information regarding your particular needs.
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Listings courtesy of Realtracs as distributed by MLS GRID. IDX information is provided exclusively for 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. Data is deemed reliable but is not guaranteed by MLS GRID. Based on information submitted to the MLS GRID as of 07/24/2026 06:20 pm. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.
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