508 Orchard 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
Rental property for sale in Bowie at 508 Orchard St, Bowie, TX, 76230 priced at $113,000 pairs $877/mo rent with $74/mo cash flow after a $553/mo payment. Total monthly income equals $877/mo, and annual cash flow comes to $882/yr on $37,460 invested. Return on cash invested is 22.26% in year one, and rental yield stands at 9.31% on a $113,000 basis. Equity gained on principal adds $729/yr, and 5% annual appreciation accumulates to $31,220 by year five. Five-year ROI measures 116.72% and total cumulative return in cash reaches $43,721. For financing, Ziffy Mortgage’s DSCR program evaluates $877/mo property income against a $553/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1946
6,969 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: Courtney Rhyne • Parker Properties Real Estate
Mls Name: NTREIS
Mls ID: #20632583
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.