590 39th St SEParisTX75462
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 590 39th St SE, Paris, TX, 75462 uses $107,738 cash to close to unlock $6,055/yr annual cash flow and $505/mo monthly cash flow. Total monthly income runs $2,816/mo, and a $1,591/mo payment keeps the spread at $505/mo. Purchase price stands at $325,000, and rental yield measures 10.4% with $2,816/mo rent. Return on cash invested shows 25.53% in year one, and 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 134.2% and total cumulative return in cash records $144,589. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,816/mo property income covering a $1,591/mo payment rather than investor’s personal income.
Single Family
Built in N/A
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Teresa Burt • Keller Williams Legacy
Mls Name: NTREIS
Mls ID: #20779772
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.