1015 Parry StBeaumontTX77703
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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 Beaumont at 1015 Parry St, Beaumont, TX, 77703 offers a 9.24% rental yield on a $109,900 purchase with $846/mo rent. Total monthly income registers $846/mo, and a $538/mo payment leaves $56/mo available for distribution. Annual cash flow reaches $667/yr on $36,432 to close, and return on cash invested stands at 21.74% in year one. Equity gained on principal adds $709/yr while 5% annual appreciation supports $30,363 over five years. Portfolio math shows five-year ROI at 114.04% and total cumulative return in cash at $41,548. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $846/mo property income against a $538/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77703, Beaumont, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,499 (100%) |
| Owner Occupied HU | 2,363 (43.0%) |
| Renter Occupied HU | 2,345 (42.6%) |
| Vacant Housing Units | 791 (14.4%) |
| Median Home Value | $100,703 |
| Average Home Value | $148,128 |
Housing Distribution
Address Breakdown
Residential
5,894
Single Family
4,582
Multi-Family
1,312
Businesses
457
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Listed by: Rashawn Webb • American Real Estate ERA Power
Mls Name: BBOR
Mls Provider:
Mls ID: #250849
Disclaimer: All information provided is deemed reliable but is not guaranteed. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.