504 Gray StBowieTX76230
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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 Bowie at 504 Gray St, Bowie, TX, 76230 with 5% annual appreciation on a $109,000 basis while $866/mo rent supports operations. Total monthly income totals $866/mo and a $534/mo payment preserves $90/mo for cash returns. Annual cash flow comes to $1,085/yr on $36,134 deployed, and return on cash invested reaches 22.91% in year one. Equity gained on principal adds $703/yr, and five-year appreciation sums $30,115 alongside rental yield of 9.53%. Five-year ROI measures 120.25% and total cumulative return in cash totals $43,450.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $866/mo property income versus a $534/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2021
4,007 sqft 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: Josh Swint • Sue Swint Realty
Mls Name: NTREIS
Mls ID: #20910564
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.