Parker II Plan, Waters of Hidden SpringsOaklandTN38060
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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 Oakland at Parker II Plan, Waters of Hidden Springs, Oakland, TN, 38060 with 5% annual appreciation on a $424,900 basis while $2,987/mo rent supports operations. Total monthly income totals $2,987/mo and a $2,080/mo payment preserves $443/mo for cash returns. Annual cash flow comes to $5,318/yr on $140,854 deployed, and return on cash invested reaches 23.68% in year one. Equity gained on principal adds $2,742/yr, and five-year appreciation sums $117,392 alongside rental yield of 8.44%. Five-year ROI measures 122.86% and total cumulative return in cash totals $173,049.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,987/mo property income versus a $2,080/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38060, Oakland, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,358 (100%) |
| Owner Occupied HU | 4,736 (88.4%) |
| Renter Occupied HU | 467 ( 8.7%) |
| Vacant Housing Units | 155 ( 2.9%) |
| Median Home Value | $326,093 |
| Average Home Value | $344,010 |
Housing Distribution
Address Breakdown
Residential
5,570
Single Family
5,570
Multi-Family
0
Businesses
254
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