345 Jackson Forest 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 345 Jackson Forest Rd, Paris, TN, 38242 with 5% annual appreciation on a $325,000 basis while $2,008/mo rent supports operations. Total monthly income totals $2,008/mo and a $1,591/mo payment preserves $62/mo for cash returns. Annual cash flow comes to $747/yr on $107,738 deployed, and return on cash invested reaches 20.6% in year one. Equity gained on principal adds $2,097/yr, and five-year appreciation sums $89,792 alongside rental yield of 7.41%. Five-year ROI measures 106.31% and total cumulative return in cash totals $114,541.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,008/mo property income versus a $1,591/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1998
0.58 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: Belinda Bowers • Tennessee Home & Farm Real Estate
Mls Name: Tennessee Valley MLS
Mls Provider:
Mls ID: #133360
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.