1011-1 Willow St #1011BonhamTX75418
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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 Bonham at 1011-1 Willow St #1011, Bonham, TX, 75418 generates $1,684/mo in rent, after a $1,346/mo payment. Total monthly income is $1,684/mo. Return on cash invested sits at 16.33% in year one, and rental yield is 7.35% on a $275,000 entry. Equity gained on principal adds $1,775/yr, while 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 84.9% and total cumulative return in cash sums $77,399. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,684/mo property income rather than buyer’s personal income.
Multi Family
Built in 2024
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75418, Bonham, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,888 (100%) |
| Owner Occupied HU | 3,525 (59.9%) |
| Renter Occupied HU | 1,693 (28.8%) |
| Vacant Housing Units | 670 (11.4%) |
| Median Home Value | $235,811 |
| Average Home Value | $314,095 |
Housing Distribution
Address Breakdown
Residential
5,522
Single Family
5,353
Multi-Family
169
Businesses
602
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Listed by: Stuart Hall • FRONTIER PROPERTIES REAL ESTATE, LLC
Mls Name: NTREIS
Mls ID: #20664320
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.