450 34th St NEParisTX75460
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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 450 34th St NE, Paris, TX, 75460 generates $1,808/mo in rent and, after a $974/mo payment, leaves $393/mo in cash flow. Total monthly income is $1,808/mo, and annual cash flow is $4,715/yr on $65,969 invested. Return on cash invested sits at 27.06% in year one, and rental yield is 10.9% on a $199,000 entry. Equity gained on principal adds $1,284/yr, while 5% annual appreciation builds toward $54,980 over five years. Five-year ROI reaches 142.39% and total cumulative return in cash sums $93,930. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,808/mo property income rather than buyer’s personal income.
Single Family
Built in 1979
10,715 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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Listed by: Lisa Spann • Century 21 Executive Realty
Mls Name: NTREIS
Mls ID: #20699159
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.