142 Running Deer LnParisTN38242
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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 142 Running Deer Ln, Paris, TN, 38242 priced at $144,500 pairs $1,387/mo rent with $522/mo cash flow after a $707/mo payment. Total monthly income equals $1,387/mo, and annual cash flow comes to $6,267/yr on $47,902 invested. Return on cash invested is 32.99% in year one, and rental yield stands at 11.52% on a $144,500 basis. Equity gained on principal adds $932/yr, and 5% annual appreciation accumulates to $39,923 by year five. Five-year ROI measures 172.84% and total cumulative return in cash reaches $82,795. For financing, Ziffy Mortgage’s DSCR program evaluates $1,387/mo property income against a $707/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2006
6,882 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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