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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Bishop at 615 E Henderson St, Bishop, TX, 78343 offers a 10.39% rental yield on a $239,000 purchase with $2,070/mo rent. Total monthly income registers $2,070/mo, and a $1,170/mo payment leaves $321/mo available for distribution. Annual cash flow reaches $3,855/yr on $79,229 to close, and return on cash invested stands at 24.77% in year one. Equity gained on principal adds $1,542/yr while 5% annual appreciation supports $66,031 over five years. Portfolio math shows five-year ROI at 130.44% and total cumulative return in cash at $103,344. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,070/mo property income against a $1,170/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1949
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78343, Bishop, TX area.
| 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 |
Residential
1,595
Single Family
1,555
Multi-Family
40
Businesses
98
Date | Event | Price |
|---|---|---|
| 2025-08-20 | Listed for sale | $239,000 |
| 2025-08-02 | Listing removed | $239,000 |
| 2025-05-03 | Listed for sale | $239,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-08-20 | $4555.10 | 24.83% | $196,547 | 19.30% |
| 2023-08-20 | $3649.01 | 3.46% | $164,750 | 15.50% |
| 2022-08-20 | $3527.01 | 3.97% | $142,645 | 7.49% |
Listed by: Jackie Rogers • Ultima Real Estate
Mls Name: South Texas MLS
Mls Provider:
Mls ID: #463418
Disclaimer: Based on information from South Texas MLS, LLC as of 2025-08-20 05:53:36 PDT. All information provided is deemed reliable but is not guaranteed and should be independently verified. South Texas MLS, LLC provides the MLS and all content therein AS IS and without any warranty, express or implied. MLS aggregate data is a copyright of Texas Association of REALTORS (TAR) and that the reader may not reproduce or distribute the MLS aggregate data.
