906 N Lamb 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
Investment property for sale in Bowie at 906 N Lamb St, Bowie, TX, 76230 offers a 11.01% rental yield on a $255,000 purchase with $2,339/mo rent. Total monthly income registers $2,339/mo, and a $1,248/mo payment leaves $526/mo available for distribution. Annual cash flow reaches $6,309/yr on $84,533 to close, and return on cash invested stands at 27.37% in year one. Equity gained on principal adds $1,645/yr while 5% annual appreciation supports $70,452 over five years. Portfolio math shows five-year ROI at 144.08% and total cumulative return in cash at $121,796. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,339/mo property income against a $1,248/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1949
1.52 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kristen Williams • Agape and Associates LLC
Mls Name: NTREIS
Mls ID: #20714893
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.