304 S Poplar StParisTN38242
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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 304 S Poplar St, Paris, TN, 38242 priced at $189,999 pairs $1,897/mo rent with $760/mo cash flow after a $930/mo payment. Total monthly income equals $1,897/mo, and annual cash flow comes to $9,115/yr on $62,985 invested. Return on cash invested is 34.38% in year one, and rental yield stands at 11.98% on a $189,999 basis. Equity gained on principal adds $1,226/yr, and 5% annual appreciation accumulates to $52,493 by year five. Five-year ROI measures 180.2% and total cumulative return in cash reaches $113,496. For financing, Ziffy Mortgage’s DSCR program evaluates $1,897/mo property income against a $930/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1946
0.26 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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