6075 Misty GlnParisTX75462
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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 6075 Misty Gln, Paris, TX, 75462 priced at $238,000 converts $2,666/mo rent into $973/mo cash flow after a $1,165/mo obligation. Total monthly income equals $2,666/mo, and annual cash flow totals $11,681/yr on $78,897 invested. Return on cash invested prints 34.71% in year one, and rental yield reads 13.44% against a $238,000 entry. Equity gained on principal adds $1,536/yr, while 5% annual appreciation compiles into $65,755 by year five. Five-year ROI reaches 183.47% and total cumulative return in cash sums $144,754. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,666/mo property income covering a $1,165/mo payment, not borrower’s personal income.
Single Family
Built in 1987
8,189 sqft 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: Tonya Dangerfield • HomeSmart Stars
Mls Name: NTREIS
Mls ID: #20698363
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.