114 Parkway Pkwy SBethel SpringsTN38315
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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 Bethel Springs at 114 Parkway Pkwy S, Bethel Springs, TN, 38315 offers a 9.65% rental yield on a $105,000 purchase with $844/mo rent. Total monthly income registers $844/mo, and a $514/mo payment leaves $215/mo available for distribution. Annual cash flow reaches $2,584/yr on $34,808 to close, and return on cash invested stands at 27.33% in year one. Equity gained on principal adds $678/yr while 5% annual appreciation supports $29,010 over five years. Portfolio math shows five-year ROI at 142.53% and total cumulative return in cash at $49,610. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $844/mo property income against a $514/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1961
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38315, Bethel Springs, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,788 (100%) |
| Owner Occupied HU | 1,265 (70.7%) |
| Renter Occupied HU | 328 (18.3%) |
| Vacant Housing Units | 195 (10.9%) |
| Median Home Value | $172,054 |
| Average Home Value | $286,613 |
Housing Distribution
Address Breakdown
Residential
1,719
Single Family
1,719
Multi-Family
0
Businesses
46
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Listed by: Jessica Pinkstaff • BST Realty
Mls Name: MAAR
Mls Provider:
Mls ID: #10177243
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