210 E 10th StParsonsTN38363
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Parsons at 210 E 10th St, Parsons, TN, 38363 uses $76,212 cash to close to unlock $7,488/yr annual cash flow and $624/mo monthly cash flow. Total monthly income runs $2,000/mo, and a $1,125/mo payment keeps the spread at $624/mo. Purchase price stands at $229,900, and rental yield measures 10.44% with $2,000/mo rent. Return on cash invested shows 29.73% in year one, and 5% annual appreciation builds toward $63,517 over five years. Five-year ROI reaches 155.31% and total cumulative return in cash records $118,367. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,000/mo property income covering a $1,125/mo payment rather than investor’s personal income.
Single Family
Built in 1967
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38363, Parsons, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,809 (100%) |
| Owner Occupied HU | 1,669 (59.4%) |
| Renter Occupied HU | 607 (21.6%) |
| Vacant Housing Units | 533 (19.0%) |
| Median Home Value | $157,745 |
| Average Home Value | $213,635 |
Housing Distribution
Address Breakdown
Residential
2,569
Single Family
2,518
Multi-Family
51
Businesses
325
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jennifer Keats • RE/MAX Realty Source
Mls Name: CWTAR
Mls Provider:
Mls ID: #2502401
Disclaimer: Some or all of the listings displayed may not belong to the firm whose website is being visited. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.