1004 Roach StBowieTX76230
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 Bowie at 1004 Roach St, Bowie, TX, 76230 priced at $268,000 converts $1,986/mo rent into $80/mo cash flow after a $1,312/mo obligation. Total monthly income equals $1,986/mo, and annual cash flow totals $959/yr on $88,842 invested. Return on cash invested prints 20.99% in year one, and rental yield reads 8.89% against a $268,000 entry. Equity gained on principal adds $1,729/yr, while 5% annual appreciation compiles into $74,043 by year five. Five-year ROI reaches 109.84% and total cumulative return in cash sums $97,581. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,986/mo property income covering a $1,312/mo payment, not borrower’s personal income.
Single Family
Built in 1968
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76230, Bowie, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,291 (100%) |
| Owner Occupied HU | 3,205 (60.6%) |
| Renter Occupied HU | 1,099 (20.8%) |
| Vacant Housing Units | 987 (18.7%) |
| Median Home Value | $216,830 |
| Average Home Value | $275,278 |
Housing Distribution
Address Breakdown
Residential
4,580
Single Family
4,489
Multi-Family
91
Businesses
551
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Bart Haines • Fathom Realty, LLC
Mls Name: NTREIS
Mls ID: #20711977
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.