225 E Main StBishopTX78343
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe headline number at 225 E Main St, Bishop, TX, 78343 in Bishop is the 1.71 coverage ratio: rent of $886/mo versus a $517/mo debt payment on a $115,000 property. Rental yield 9.25%. That margin is what gives Ziffy Mortgage's DSCR loan the coverage it needs for a clean, fast approval, no W-2s, no U.S. residency. Appreciation at 5%/yr projects $31,772 by year five, with $1,059/yr in equity from paydown. Total projected cumulative return: $40,595.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 9.3% | 6.2% |
| Monthly Cash Flow | $(63) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $886 |
| Total Monthly Debt Service | $904 |
| DSCR Ratio | 0.98x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1946
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78343, Bishop, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,903 (100%) |
| Owner Occupied HU | 1,202 (63.2%) |
| Renter Occupied HU | 417 (21.9%) |
| Vacant Housing Units | 284 (14.9%) |
| Median Home Value | $162,143 |
| Average Home Value | $204,020 |
Housing Distribution
Address Breakdown
Residential
1,595
Single Family
1,555
Multi-Family
40
Businesses
98
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
Single Family
Built in 1946
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78343, Bishop, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,903 (100%) |
| Owner Occupied HU | 1,202 (63.2%) |
| Renter Occupied HU | 417 (21.9%) |
| Vacant Housing Units | 284 (14.9%) |
| Median Home Value | $162,143 |
| Average Home Value | $204,020 |
Housing Distribution
Address Breakdown
Residential
1,595
Single Family
1,555
Multi-Family
40
Businesses
98
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Annalisa Rios • eXp Realty LLC
Mls Name: South Texas MLS
Mls Provider:
Mls ID: #455273
Disclaimer: Based on information from South Texas MLS, LLC as of 2025-03-03 08:28:44 PST. All information provided is deemed reliable but is not guaranteed and should be independently verified. South Texas MLS, LLC provides the MLS and all content therein AS IS and without any warranty, express or implied. MLS aggregate data is a copyright of Texas Association of REALTORS (TAR) and that the reader may not reproduce or distribute the MLS aggregate data.