863 Parkstown ExtWilderTN38589
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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 Wilder at 863 Parkstown Ext, Wilder, TN, 38589 with 5% annual appreciation on a $179,900 basis while $1,568/mo rent supports operations. Total monthly income totals $1,568/mo and a $881/mo payment preserves $491/mo for cash returns. Annual cash flow comes to $5,887/yr on $59,637 deployed, and return on cash invested reaches 29.78% in year one. Equity gained on principal adds $1,161/yr, and five-year appreciation sums $49,703 alongside rental yield of 10.46%. Five-year ROI measures 155.54% and total cumulative return in cash totals $92,757.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,568/mo property income versus a $881/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2014
5.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38589, Wilder, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 214 (100%) |
| Owner Occupied HU | 169 (79.0%) |
| Renter Occupied HU | 15 ( 7.0%) |
| Vacant Housing Units | 30 (14.0%) |
| Median Home Value | $209,000 |
| Average Home Value | $389,083 |
Housing Distribution
Address Breakdown
Residential
193
Single Family
193
Multi-Family
0
Businesses
1
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