234 Foxfire RdParisTN38242
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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 234 Foxfire Rd, Paris, TN, 38242 uses $82,709 cash to close to unlock $2,660/yr annual cash flow and $222/mo monthly cash flow. Total monthly income runs $1,715/mo, and a $1,221/mo payment keeps the spread at $222/mo. Purchase price stands at $249,500, and rental yield measures 8.25% with $1,715/mo rent. Return on cash invested shows 23.12% in year one, and 5% annual appreciation builds toward $68,932 over five years. Five-year ROI reaches 119.82% and total cumulative return in cash records $99,105. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,715/mo property income covering a $1,221/mo payment rather than investor’s personal income.
Single Family
Built in 2012
0.27 Acres 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: Mark Johnson • Moody Realty Company, Inc.
Mls Name: Tennessee Valley MLS
Mls Provider:
Mls ID: #133257
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.