1505 Bonham StCommerceTX75428
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Commerce at 1505 Bonham St, Commerce, TX, 75428 uses $91,129 cash to close to unlock $4,832/yr annual cash flow and $403/mo monthly cash flow. Total monthly income runs $2,357/mo, and a $1,346/mo payment keeps the spread at $403/mo. Purchase price stands at $274,900, and rental yield measures 10.29% with $2,357/mo rent. Return on cash invested shows 25.21% in year one, and 5% annual appreciation builds toward $75,950 over five years. Five-year ROI reaches 132.49% and total cumulative return in cash records $120,735. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,357/mo property income covering a $1,346/mo payment rather than investor’s personal income.
Single Family
Built in 1945
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75428, Commerce, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,530 (100%) |
| Owner Occupied HU | 1,672 (36.9%) |
| Renter Occupied HU | 2,069 (45.7%) |
| Vacant Housing Units | 789 (17.4%) |
| Median Home Value | $213,864 |
| Average Home Value | $283,327 |
Housing Distribution
Address Breakdown
Residential
4,160
Single Family
3,443
Multi-Family
717
Businesses
278
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices