305 Jerome DrParisTN38242
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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 305 Jerome Dr, Paris, TN, 38242 at $224,500 posts ROI 29.37% with $587/mo cash flow from $1,931/mo rent. Total monthly income equals $1,931/mo, and annual cash flow records $7,043/yr on $74,422 to close. Return on cash invested measures 29.37% and rental yield reads 10.32% at the current $224,500. Equity gained on principal adds $1,449/yr, and 5% annual appreciation supports $62,025 by year five. Five-year ROI prints 153.34% and total cumulative return in cash totals $114,116.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,931/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1968
0.28 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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