Na Parkstown RdWilderTN38589
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
Rental property for sale in Wilder at Na Parkstown Rd, Wilder, TN, 38589 offers $1,226/mo rent that, after a $793/mo payment, leaves $256/mo cash flow. Total monthly income is $1,226/mo, and annual cash flow is $3,074/yr on $53,703 cash. Return on cash invested measures 25.63% in year one, and rental yield stands at 9.08% at a $162,000 entry. Equity gained on principal adds $1,045/yr while 5% annual appreciation compounds into $44,758 by year five. Five-year ROI records 133.34% and total cumulative return in cash reaches $71,609. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,226/mo property income versus a $793/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Lot
Built in N/A
15.92 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kimberly Rocha • Freedom Realty Co. Inc.
Mls Name: UCMLS
Mls Provider:
Mls ID: #225034
Disclaimer: Copyright 2024 Upper Cumberland Board of Realtors. All rights reserved. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes from Upper Cumberland Board of Realtors. Some or all of the listings displayed may not belong to the firm whose website is being visited.