1420 6th 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
Rental property for sale in Paris at 1420 6th St SE, Paris, TX, 75460 priced at $132,360 pairs $1,644/mo rent with $689/mo cash flow after a $648/mo payment. Total monthly income equals $1,644/mo, and annual cash flow comes to $8,267/yr on $43,877 invested. Return on cash invested is 38.75% in year one, and rental yield stands at 14.9% on a $132,360 basis. Equity gained on principal adds $854/yr, and 5% annual appreciation accumulates to $36,569 by year five. Five-year ROI measures 205.25% and total cumulative return in cash reaches $90,060. For financing, Ziffy Mortgage’s DSCR program evaluates $1,644/mo property income against a $648/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1993
9,278 sqft 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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