7487 Fm 905ParisTX75462
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 7487 Fm 905, Paris, TX, 75462 generates $1,895/mo in rent and, after a $1,081/mo payment, leaves $325/mo in cash flow. Total monthly income is $1,895/mo, and annual cash flow is $3,895/yr on $73,195 invested. Return on cash invested sits at 25.23% in year one, and rental yield is 10.3% on a $220,800 entry. Equity gained on principal adds $1,425/yr, while 5% annual appreciation builds toward $61,003 over five years. Five-year ROI reaches 132.61% and total cumulative return in cash sums $97,066. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,895/mo property income rather than buyer’s personal income.
Single Family
Built in 1986
1 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