221 N Parkway StDresdenTN38225
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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 Dresden at 221 N Parkway St, Dresden, TN, 38225 offers a 7.12% rental yield on a $199,000 purchase with $1,180/mo rent. 7% in year one. Equity gained on principal adds $1,284/yr while 5% annual appreciation supports $54,980 over five years. Portfolio math shows five-year ROI at 101.48% and total cumulative return in cash at $66,942. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,180/mo property income against a $974/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2023
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38225, Dresden, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,727 (100%) |
| Owner Occupied HU | 1,717 (63.0%) |
| Renter Occupied HU | 721 (26.4%) |
| Vacant Housing Units | 289 (10.6%) |
| Median Home Value | $170,139 |
| Average Home Value | $213,014 |
Housing Distribution
Address Breakdown
Residential
2,531
Single Family
2,531
Multi-Family
0
Businesses
233
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