193 Paris StMc KenzieTN38201
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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 Mc Kenzie at 193 Paris St, Mc Kenzie, TN, 38201 priced at $234,900 pairs $1,062/mo rent with after a $1,150/mo payment. Total monthly income equals $1,062/mo. Return on cash invested is 14.6% in year one, and rental yield stands at 5.43% on a $234,900 basis. Equity gained on principal adds $1,516/yr, and 5% annual appreciation accumulates to $64,899 by year five. Five-year ROI measures 74.14% and total cumulative return in cash reaches $57,729. For financing, Ziffy Mortgage’s DSCR program evaluates $1,062/mo property income against a $1,150/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1976
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38201, Mc Kenzie, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,374 (100%) |
| Owner Occupied HU | 2,635 (60.2%) |
| Renter Occupied HU | 1,118 (25.6%) |
| Vacant Housing Units | 621 (14.2%) |
| Median Home Value | $188,059 |
| Average Home Value | $229,028 |
Housing Distribution
Address Breakdown
Residential
4,125
Single Family
4,071
Multi-Family
54
Businesses
383
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Listed by: Casey Drewry • Casey Drewry Realty
Mls Name: Tennessee Valley MLS
Mls Provider:
Mls ID: #134654
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.