1005 42nd St SEParisTX75462
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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 42nd St SE, Paris, TX, 75462 uses $109,892 cash to close to unlock $7,934/yr annual cash flow and $661/mo monthly cash flow. Total monthly income runs $3,019/mo, and a $1,623/mo payment keeps the spread at $661/mo. Purchase price stands at $331,500, and rental yield measures 10.93% with $3,019/mo rent. Return on cash invested shows 27.13% in year one, and 5% annual appreciation builds toward $91,587 over five years. Five-year ROI reaches 142.8% and total cumulative return in cash records $156,926. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,019/mo property income covering a $1,623/mo payment rather than investor’s personal income.
Single Family
Built in 1982
0.34 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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Listed by: Bryan Glass • Glass Land and Home LLC
Mls Name: NTREIS
Mls ID: #20879108
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.