814 E Washington StParisTN38242
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Nearby investment properties with comparable prices
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 814 E Washington St, Paris, TN, 38242 at $149,000 posts ROI 26.91% with $288/mo cash flow from $1,180/mo rent. Total monthly income equals $1,180/mo, and annual cash flow records $3,460/yr on $49,394 to close. Return on cash invested measures 26.91% and rental yield reads 9.5% at the current $149,000. Equity gained on principal adds $961/yr, and 5% annual appreciation supports $41,166 by year five. Five-year ROI prints 140.19% and total cumulative return in cash totals $69,244.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,180/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 2004
0.70 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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Nearby investment properties with comparable prices
Listed by: Rusty Farmer • Moody Realty Company, Inc.
Mls Name: Tennessee Valley MLS
Mls Provider:
Mls ID: #133229
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.