1308 N Cedar 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 1308 N Cedar St, Bonham, TX, 75418 earns $1,163/mo cash flow from $3,119/mo rent with a $1,346/mo payment. Total monthly income totals $3,119/mo, and annual cash flow totals $13,961/yr on $91,163 capital. ROI tracks 35.22% on current figures, and rental yield reads 13.61% at a $275,000 purchase. Equity gained on principal adds $1,775/yr, and 5% annual appreciation supports $75,977 over five years. Five-year ROI reaches 186.19% and total cumulative return in cash sums $169,739. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,119/mo property income instead of your personal income.
Single Family
Built in 2024
0.79 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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Listed by: Dale Horton • FanninLand Realty
Mls Name: NTREIS
Mls ID: #20493668
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.