319 Aden 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 319 Aden St, Paris, TN, 38242 priced at $129,900 converts $1,352/mo rent into $574/mo cash flow after a $636/mo obligation. Total monthly income equals $1,352/mo, and annual cash flow totals $6,890/yr on $43,062 invested. Return on cash invested prints 35.91% in year one, and rental yield reads 12.49% against a $129,900 entry. Equity gained on principal adds $838/yr, while 5% annual appreciation compiles into $35,889 by year five. Five-year ROI reaches 188.45% and total cumulative return in cash sums $81,151. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,352/mo property income covering a $636/mo payment, not borrower’s personal income.
Multi Family
Built in 1900
1 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: Marco Taaffe • Premier Realty Group W TN, LLC
Mls Name: CWTAR
Mls Provider:
Mls ID: #2501702
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