2869 Fm 3043BowieTX76230
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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
Rental property for sale in Bowie at 2869 Fm 3043, Bowie, TX, 76230 generates $3,368/mo in rent and, after a $2,276/mo payment, leaves $61/mo in cash flow. Total monthly income is $3,368/mo, and annual cash flow is $735/yr on $154,148 invested. Return on cash invested sits at 20.39% in year one, and rental yield is 8.69% on a $465,000 entry. Equity gained on principal adds $3,001/yr, while 5% annual appreciation builds toward $128,471 over five years. Five-year ROI reaches 106.63% and total cumulative return in cash sums $164,363. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,368/mo property income rather than buyer’s personal income.
Single Family
Built in 1973
10 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: Terry Jones • Jones Real Estate
Mls Name: NTREIS
Mls ID: #20692632
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.