1000 Morgan AveParisTX75462
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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 1000 Morgan Ave, Paris, TX, 75462 with 5% annual appreciation on a $294,000 basis while $2,479/mo rent supports operations. Total monthly income totals $2,479/mo and a $1,439/mo payment preserves $388/mo for cash returns. Annual cash flow comes to $4,660/yr on $97,461 deployed, and return on cash invested reaches 24.69% in year one. Equity gained on principal adds $1,897/yr, and five-year appreciation sums $81,227 alongside rental yield of 10.12%. Five-year ROI measures 129.74% and total cumulative return in cash totals $126,444.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,479/mo property income versus a $1,439/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2006
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75462, Paris, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,515 (100%) |
| Owner Occupied HU | 3,877 (70.3%) |
| Renter Occupied HU | 1,315 (23.8%) |
| Vacant Housing Units | 323 ( 5.9%) |
| Median Home Value | $244,394 |
| Average Home Value | $339,576 |
Housing Distribution
Address Breakdown
Residential
5,129
Single Family
5,005
Multi-Family
124
Businesses
238
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