2442 Jeanette Holladay RdParsonsTN38363
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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 Parsons at 2442 Jeanette Holladay Rd, Parsons, TN, 38363 uses $92,787 cash to close to unlock $3,989/yr annual cash flow and $332/mo monthly cash flow. Total monthly income runs $2,008/mo, and a $1,370/mo payment keeps the spread at $332/mo. Purchase price stands at $279,900, and rental yield measures 8.61% with $2,008/mo rent. Return on cash invested shows 24.21% in year one, and 5% annual appreciation builds toward $77,331 over five years. Five-year ROI reaches 125.64% and total cumulative return in cash records $116,581. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,008/mo property income covering a $1,370/mo payment rather than investor’s personal income.
Manufactured
Built in 2014
5 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
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