1005 28th St SEParisTX75460
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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 1005 28th St SE, Paris, TX, 75460 uses $71,273 cash to close to unlock $5,177/yr annual cash flow and $431/mo monthly cash flow. Total monthly income runs $1,960/mo, and a $1,052/mo payment keeps the spread at $431/mo. Purchase price stands at $215,000, and rental yield measures 10.94% with $1,960/mo rent. Return on cash invested shows 27.17% in year one, and 5% annual appreciation builds toward $59,401 over five years. Five-year ROI reaches 143.05% and total cumulative return in cash records $101,953. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,960/mo property income covering a $1,052/mo payment rather than investor’s personal income.
Single Family
Built in N/A
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75460, Paris, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,728 (100%) |
| Owner Occupied HU | 4,515 (42.1%) |
| Renter Occupied HU | 4,867 (45.4%) |
| Vacant Housing Units | 1,346 (12.5%) |
| Median Home Value | $131,366 |
| Average Home Value | $198,680 |
Housing Distribution
Address Breakdown
Residential
10,284
Single Family
8,795
Multi-Family
1,489
Businesses
1,339
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Listed by: Rayn House Zapalac • Century 21 Harvey Properties-P
Mls Name: NTREIS
Mls ID: #20810315
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.