300 Leeburn Harris LnParsonsTN38363
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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 300 Leeburn Harris Ln, Parsons, TN, 38363 listed at $467,900 pairs $2,076/mo rent with a $2,290/mo payment. Total monthly income runs $2,076/mo. Return on cash invested measures 14.3% in year one, and rental yield registers 5.32% at a $467,900 basis. Equity gained on principal adds $3,019/yr, and annual property appreciation at 5% supports $129,272 by year five. Five-year ROI tracks 72.53% and total cumulative return in cash totals $112,498. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,076/mo property income relative to a $2,290/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2003
8.54 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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Listed by: Sommer Crosby • Clear Choice Realty
Mls Name: CWTAR
Mls Provider:
Mls ID: #242971
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