818 S Bowie StNew BostonTX75570
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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 New Boston at 818 S Bowie St, New Boston, TX, 75570 earns $86/mo cash flow from $897/mo rent with a $558/mo payment. Total monthly income totals $897/mo, and annual cash flow totals $1,036/yr on $37,791 capital. ROI tracks 22.65% on current figures, and rental yield reads 9.44% at a $114,000 purchase. Equity gained on principal adds $736/yr, and 5% annual appreciation supports $31,496 over five years. Five-year ROI reaches 118.84% and total cumulative return in cash sums $44,911. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $897/mo property income instead of your personal income.
Single Family
Built in 1996
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75570, New Boston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,895 (100%) |
| Owner Occupied HU | 2,377 (61.0%) |
| Renter Occupied HU | 1,165 (29.9%) |
| Vacant Housing Units | 353 ( 9.1%) |
| Median Home Value | $199,907 |
| Average Home Value | $219,324 |
Housing Distribution
Address Breakdown
Residential
3,675
Single Family
3,585
Multi-Family
90
Businesses
366
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Listed by: Tracy Spradlin • Impact Realty Group, LLC
Mls Name: TMLS
Mls ID: #200286