403 Edgewood 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
Investment property for sale in Paris at 403 Edgewood St, Paris, TN, 38242 earns $703/mo cash flow from $2,124/mo rent with a $1,162/mo payment. Total monthly income totals $2,124/mo, and annual cash flow totals $8,433/yr on $78,731 capital. ROI tracks 30.62% on current figures, and rental yield reads 10.73% at a $237,500 purchase. Equity gained on principal adds $1,533/yr, and 5% annual appreciation supports $65,617 over five years. Five-year ROI reaches 160% and total cumulative return in cash sums $125,973. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,124/mo property income instead of your personal income.
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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Listed by: Gavin Moody • Moody Realty Company, Inc.
Mls Name: Tennessee Valley MLS
Mls Provider:
Mls ID: #133020
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