501 S 5th StBonhamTX75418
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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 Bonham at 501 S 5th St, Bonham, TX, 75418 offers a 9.6% rental yield on a $224,900 purchase with $1,800/mo rent. Total monthly income registers $1,800/mo, and a $1,101/mo payment leaves $200/mo available for distribution. Annual cash flow reaches $2,406/yr on $74,554 to close, and return on cash invested stands at 23.14% in year one. Equity gained on principal adds $1,451/yr while 5% annual appreciation supports $62,136 over five years. Portfolio math shows five-year ROI at 121.4% and total cumulative return in cash at $90,505. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,800/mo property income against a $1,101/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
5,445 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75418, Bonham, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,888 (100%) |
| Owner Occupied HU | 3,525 (59.9%) |
| Renter Occupied HU | 1,693 (28.8%) |
| Vacant Housing Units | 670 (11.4%) |
| Median Home Value | $235,811 |
| Average Home Value | $314,095 |
Housing Distribution
Address Breakdown
Residential
5,522
Single Family
5,353
Multi-Family
169
Businesses
602
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