175 Castleton CvParisTN38242
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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 Paris at 175 Castleton Cv, Paris, TN, 38242 listed at $565,000 pairs $5,166/mo rent with a $2,765/mo payment to leave $1,780/mo cash flow. Total monthly income runs $5,166/mo, and annual cash flow reaches $21,363/yr on $185,885 cash to close. Return on cash invested measures 31.55% in year one, and rental yield registers 10.97% at a $565,000 basis. Equity gained on principal adds $3,646/yr, and annual property appreciation at 5% supports $156,099 by year five. Five-year ROI tracks 165.01% and total cumulative return in cash totals $306,723. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,166/mo property income relative to a $2,765/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1994
3.40 Acres lot
$N/A/sqft
$4 monthly 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: Amanda Visser • Premier Realty Group of West Tennessee LLC
Mls Name: Tennessee Valley MLS
Mls Provider:
Mls ID: #133238
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.