1102 N Main StBonhamTX75418
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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 Bonham at 1102 N Main St, Bonham, TX, 75418 offers a 11.52% rental yield on a $245,000 purchase with $2,351/mo rent. Total monthly income registers $2,351/mo, and a $1,199/mo payment leaves $609/mo available for distribution. Annual cash flow reaches $7,307/yr on $81,218 to close, and return on cash invested stands at 28.91% in year one. Equity gained on principal adds $1,581/yr while 5% annual appreciation supports $67,689 over five years. Portfolio math shows five-year ROI at 152.29% and total cumulative return in cash at $123,684. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,351/mo property income against a $1,199/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1919
0.29 Acres 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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