2233 Sinking Creek RdParrottsvilleTN37843
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 Parrottsville at 2233 Sinking Creek Rd, Parrottsville, TN, 37843 earns from $1,812/mo rent with a $1,615/mo payment. Total monthly income totals $1,812/mo. ROI tracks 18.12% on current figures, and rental yield reads 6.59% at a $329,900 purchase. Equity gained on principal adds $2,129/yr, and 5% annual appreciation supports $91,145 over five years. Five-year ROI reaches 92.96% and total cumulative return in cash sums $101,667. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,812/mo property income instead of your personal income.
Manufactured
Built in 1996
2.60 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
Nearby investment properties with comparable prices
Listed by: Tammy Bryant • Realty Pros
Mls Name: Lakeway Area AOR
Mls ID: #708605