7215 Wendy DrParisTX75462
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
Rental property for sale in Paris at 7215 Wendy Dr, Paris, TX, 75462 offers $3,047/mo rent that, after a $1,566/mo payment, leaves $772/mo cash flow. Total monthly income is $3,047/mo, and annual cash flow is $9,260/yr on $106,080 cash. Return on cash invested measures 28.64% in year one, and rental yield stands at 11.43% at a $320,000 entry. Equity gained on principal adds $2,065/yr while 5% annual appreciation compounds into $88,410 by year five. Five-year ROI records 150.87% and total cumulative return in cash reaches $160,047. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,047/mo property income versus a $1,566/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1981
0.86 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
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Listed by: Cade Stone • Coldwell Banker Regional Realty
Mls Name: NTREIS
Mls ID: #20638589
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.