213 N Ridge DrParrottsvilleTN37843
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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 Parrottsville at 213 N Ridge Dr, Parrottsville, TN, 37843 at $409,000 posts ROI -1.76% with from $0/mo rent. Total monthly income equals $0/mo. Return on cash invested measures -1.76% and rental yield reads 0% at the current $409,000. Equity gained on principal adds $2,639/yr, and 5% annual appreciation supports $112,999 by year five. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $0/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2025
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37843, Parrottsville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,869 (100%) |
| Owner Occupied HU | 1,344 (71.9%) |
| Renter Occupied HU | 300 (16.1%) |
| Vacant Housing Units | 225 (12.0%) |
| Median Home Value | $257,813 |
| Average Home Value | $287,539 |
Housing Distribution
Address Breakdown
Residential
1,723
Single Family
1,723
Multi-Family
0
Businesses
50
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Billy Askew • Askew Realty Group
Mls Name: Lakeway Area AOR
Mls ID: #708953