717 Lynn StBonhamTX75418
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
Investment property for sale in Bonham at 717 Lynn St, Bonham, TX, 75418 with 5% annual appreciation on a $229,000 basis while $1,916/mo rent supports operations. Total monthly income totals $1,916/mo and a $1,121/mo payment preserves $287/mo for cash returns. Annual cash flow comes to $3,449/yr on $75,914 deployed, and return on cash invested reaches 24.45% in year one. Equity gained on principal adds $1,478/yr, and five-year appreciation sums $63,268 alongside rental yield of 10.04%. Five-year ROI measures 128.44% and total cumulative return in cash totals $97,505.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,916/mo property income versus a $1,121/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1985
10,454 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Patsy McFatridge • Bonham Land & Ranches, LLC
Mls Name: NTREIS
Mls ID: #20707396
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.