310 Old Paris RdMc 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 310 Old Paris Rd, Mc Kenzie, TN, 38201 offers $1,902/mo rent that, after a $1,170/mo payment, leaves $471/mo cash flow. Total monthly income is $1,902/mo, and annual cash flow is $5,653/yr on $79,229 cash. Return on cash invested measures 27.04% in year one, and rental yield stands at 9.55% at a $239,000 entry. Equity gained on principal adds $1,542/yr while 5% annual appreciation compounds into $66,031 by year five. Five-year ROI records 140.9% and total cumulative return in cash reaches $111,636. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,902/mo property income versus a $1,170/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1963
0.58 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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