702 Decatur StBowieTX76230
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 702 Decatur St, Bowie, TX, 76230 priced at $179,000 pairs $1,419/mo rent with $146/mo cash flow after a $876/mo payment. Total monthly income equals $1,419/mo, and annual cash flow comes to $1,755/yr on $59,339 invested. Return on cash invested is 22.87% in year one, and rental yield stands at 9.51% on a $179,000 basis. Equity gained on principal adds $1,155/yr, and 5% annual appreciation accumulates to $49,454 by year five. Five-year ROI measures 119.97% and total cumulative return in cash reaches $71,187. For financing, Ziffy Mortgage’s DSCR program evaluates $1,419/mo property income against a $876/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1972
0.27 Acres 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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