1591 Bonham Pkwy, Argyle, TX, 76226 | $167/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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1591 Bonham Pkwy, Argyle, TX, 76226 | $167/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Argyle at 1591 Bonham Pkwy, Argyle, TX, 76226 generates $3,012/mo in rent and, after a $1,958/mo payment, leaves $167/mo in cash flow. Total monthly income is $3,012/mo, and annual cash flow is $2,008/yr on $132,600 invested. Return on cash invested sits at 21.42% in year one, and rental yield is 9.04% on a $400,000 entry. Equity gained on principal adds $2,581/yr, while 5% annual appreciation builds toward $110,513 over five years. Five-year ROI reaches 112.18% and total cumulative return in cash sums $148,756. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,012/mo property income rather than buyer’s personal income.

Single Family

Built in 2003

6,403 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to this stunning 3-bedroom, 2-bath home located in the highly sought-after Lantana golf community! This home is a real jewel! Designed with an open-concept layout, this home boasts wooden shutters throughout, rich hand-scraped hardwood floors that flow throughout the living spaces. The kitchen is a showstopper with crisp white cabinetry, granite countertops, and stainless steel appliancesperfect for both everyday living and entertaining. The spacious living room offers a cozy gas log fireplace, remote control dual shades, built-in shelving, and seamless connection to the kitchen. Relax in the luxurious primary suite featuring a remodeled bathroom with frameless glass shower and a generous walk-in closet. Step outside to enjoy the expansive covered patio, an ideal spot for morning coffee or evening gatherings. With a recently replaced roof and a new HVAC system this home is move-in ready and waiting for you to make it yours! HOA cost includes front & side yard maintenance and full use of amenities. Golf memberships are available at the award-winning, private Lantana Golf Club.

Neighborhood Data

Neighborhood data shown for ZIP Code: 76226, Argyle, TX area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	17,414 (100%)
Owner Occupied HU	15,448 (88.7%)
Renter Occupied HU	1,291 ( 7.4%)
Vacant Housing Units	675 ( 3.9%)
Median Home Value	$615,556
Average Home Value	$679,325