1220 S 6th 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 1220 S 6th St, Bonham, TX, 75418 uses $44,753 cash to close to unlock $3,657/yr annual cash flow and $305/mo monthly cash flow. Total monthly income runs $1,265/mo, and a $661/mo payment keeps the spread at $305/mo. Purchase price stands at $135,000, and rental yield measures 11.24% with $1,265/mo rent. Return on cash invested shows 28.08% in year one, and 5% annual appreciation builds toward $37,298 over five years. Five-year ROI reaches 147.91% and total cumulative return in cash records $66,193. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,265/mo property income covering a $661/mo payment rather than investor’s personal income.
Single Family
Built in 2003
7,187 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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