118 Broken Arrow DrParisTN38242
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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
Rental property for sale in Paris at 118 Broken Arrow Dr, Paris, TN, 38242 generates $1,117/mo in rent and, after a $680/mo payment, leaves $285/mo in cash flow. Total monthly income is $1,117/mo, and annual cash flow is $3,423/yr on $46,079 invested. Return on cash invested sits at 27.34% in year one, and rental yield is 9.64% on a $139,000 entry. Equity gained on principal adds $897/yr, while 5% annual appreciation builds toward $38,403 over five years. Five-year ROI reaches 142.5% and total cumulative return in cash sums $65,660. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,117/mo property income rather than buyer’s personal income.
Manufactured
Built in 2006
5,750 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38242, Paris, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,396 (100%) |
| Owner Occupied HU | 5,790 (61.6%) |
| Renter Occupied HU | 2,680 (28.5%) |
| Vacant Housing Units | 926 ( 9.9%) |
| Median Home Value | $219,561 |
| Average Home Value | $300,504 |
Housing Distribution
Address Breakdown
Residential
9,147
Single Family
8,731
Multi-Family
416
Businesses
1,062
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Listed by: Trisha Cannon • Cannon Realty Group
Mls Name: Tennessee Valley MLS
Mls Provider:
Mls ID: #133993
Disclaimer: Copyright Tennessee Valley Association of REALTORS. All rights reserved. Some or all of the listings displayed may not belong to the firm whose website is being visited. Information is deemed reliable but not guaranteed.