406 E Bonham AveCrockettTX75835
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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
Investment property for sale in Crockett at 406 E Bonham Ave, Crockett, TX, 75835 uses $44,421 cash to close to unlock $7,992/yr annual cash flow and $666/mo monthly cash flow. Total monthly income runs $1,619/mo, and a $656/mo payment keeps the spread at $666/mo. Purchase price stands at $134,000, and rental yield measures 14.5% with $1,619/mo rent. Return on cash invested shows 37.9% in year one, and 5% annual appreciation builds toward $37,022 over five years. Five-year ROI reaches 200.52% and total cumulative return in cash records $89,075. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,619/mo property income covering a $656/mo payment rather than investor’s personal income.
Single Family
Built in 1981
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75835, Crockett, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,006 (100%) |
| Owner Occupied HU | 3,190 (53.1%) |
| Renter Occupied HU | 1,508 (25.1%) |
| Vacant Housing Units | 1,308 (21.8%) |
| Median Home Value | $200,585 |
| Average Home Value | $267,114 |
Housing Distribution
Address Breakdown
Residential
5,029
Single Family
4,796
Multi-Family
233
Businesses
585
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Listed by: Nancy Lawrence • Lawrence Realty
Mls Name: GTARMLS
Mls Provider:
Mls ID: #23016200
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed to be reliable but not guaranteed.