1389 Fm 1816BowieTX76230
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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 Bowie at 1389 Fm 1816, Bowie, TX, 76230 earns $1,237/mo cash flow from $3,335/mo rent with a $1,444/mo payment. Total monthly income totals $3,335/mo, and annual cash flow totals $14,845/yr on $97,793 capital. ROI tracks 35.09% on current figures, and rental yield reads 13.57% at a $295,000 purchase. Equity gained on principal adds $1,904/yr, and 5% annual appreciation supports $81,503 over five years. Five-year ROI reaches 185.51% and total cumulative return in cash sums $181,418. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,335/mo property income instead of your personal income.
Single Family
Built in 1970
2 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
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Listed by: Carol Ann Head • 940 Real Estate Group
Mls Name: NTREIS
Mls ID: #20679126
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.