319 W Main StBishopTX78343
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayNot all U.S. investment properties are valued for current income. 319 W Main St, Bishop, TX, 78343 in Bishop at $247,000, 3.35% gross yield, is a market-growth asset. Rental yield 3.35%. The $690/mo rent partially funds the $1,111/mo debt service; the core return is the 5%/yr price growth projected to add $68,242 over five years. Ziffy Mortgage's DSCR mortgage (0.62) provides financing for foreign nationals without domestic income checks. A 30–35% down payment often produces the cleanest coverage for low-yield properties. Total five-year return: $26,028.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 3.4% | 6.2% |
| Monthly Cash Flow | $(1,066) | $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 | $690 |
| Total Monthly Debt Service | $1,658 |
| DSCR Ratio | 0.42x |
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.
Multi Family
Built in 1930
0.40 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
Multi Family
Built in 1930
0.40 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