500 Oakville CirParsonsTN38363
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 500 Oakville Cir, Parsons, TN, 38363 in Parsons speaks for itself: 11.64% gross on a $167,500 price, generating $1,625/mo in rent and $622/mo in net income after the $753/mo debt service. DSCR 2.16, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $7,465 stacks alongside $46,277 in projected five-year appreciation and $1,543/yr in principal reduction. Projected total cumulative return: $103,483.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 11.6% | 6.2% |
| Monthly Cash Flow | $622 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,625 |
| Total Monthly Debt Service | $936 |
| DSCR Ratio | 1.74x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1967
0.69 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
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
Single Family
Built in 1967
0.69 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices