616 E 9th 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 616 E 9th St, Bonham, TX, 75418 earns $536/mo cash flow from $1,764/mo rent with a $845/mo payment. Total monthly income totals $1,764/mo, and annual cash flow totals $6,434/yr on $57,257 capital. ROI tracks 31.15% on current figures, and rental yield reads 12.26% at a $172,720 purchase. Equity gained on principal adds $1,115/yr, and 5% annual appreciation supports $47,719 over five years. Five-year ROI reaches 164.39% and total cumulative return in cash sums $94,127. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,764/mo property income instead of your personal income.
Single Family
Built in 1945
10,628 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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