305 E Neagle AveParisTX75460
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 305 E Neagle Ave, Paris, TX, 75460 uses $43,062 cash to close to unlock $1,153/yr annual cash flow and $96/mo monthly cash flow. Total monthly income runs $1,020/mo, and a $636/mo payment keeps the spread at $96/mo. Purchase price stands at $129,900, and rental yield measures 9.42% with $1,020/mo rent. Return on cash invested shows 22.59% in year one, and 5% annual appreciation builds toward $35,889 over five years. Five-year ROI reaches 118.53% and total cumulative return in cash records $51,043. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,020/mo property income covering a $636/mo payment rather than investor’s personal income.
Single Family
Built in N/A
7,405 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices