3045 AspenParisTX75462
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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 3045 Aspen, Paris, TX, 75462 with 5% annual appreciation on a $489,000 basis while $3,973/mo rent supports operations. Total monthly income totals $3,973/mo and a $2,393/mo payment preserves $496/mo for cash returns. Annual cash flow comes to $5,953/yr on $162,104 deployed, and return on cash invested reaches 23.58% in year one. Equity gained on principal adds $3,155/yr, and five-year appreciation sums $135,102 alongside rental yield of 9.75%. Five-year ROI measures 123.76% and total cumulative return in cash totals $200,626.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,973/mo property income versus a $2,393/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1997
0.57 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: Renee Harvey • Century 21 Harvey Properties-P
Mls Name: NTREIS
Mls ID: #20941782
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.