738 1st St SWParisTX75460
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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 738 1st St SW, Paris, TX, 75460 listed at $250,000 pairs $2,094/mo rent with a $1,224/mo payment to leave $316/mo cash flow. Total monthly income runs $2,094/mo, and annual cash flow reaches $3,790/yr on $82,875 cash to close. Return on cash invested measures 24.48% in year one, and rental yield registers 10.05% at a $250,000 basis. Equity gained on principal adds $1,613/yr, and annual property appreciation at 5% supports $69,070 by year five. Five-year ROI tracks 128.58% and total cumulative return in cash totals $106,558. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,094/mo property income relative to a $1,224/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Apartment
Built in 1930
9,975 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: Fred Jones • Ebby Halliday, Realtors
Mls Name: NTREIS
Mls ID: #20825561
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.