605 32nd 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
Investment property for sale in Paris at 605 32nd St NE, Paris, TX, 75460 uses $76,245 cash to close to unlock $1,334/yr annual cash flow and $111/mo monthly cash flow. Total monthly income runs $1,747/mo, and a $1,126/mo payment keeps the spread at $111/mo. Purchase price stands at $230,000, and rental yield measures 9.11% with $1,747/mo rent. Return on cash invested shows 21.66% in year one, and 5% annual appreciation builds toward $63,545 over five years. Five-year ROI reaches 113.49% and total cumulative return in cash records $86,527. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,747/mo property income covering a $1,126/mo payment rather than investor’s personal income.
Single Family
Built in 1984
8,973 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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