1209 Melwood AveBrownwoodTX76801
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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 Brownwood at 1209 Melwood Ave, Brownwood, TX, 76801 listed at $129,000 pairs $966/mo rent with a $631/mo payment to leave $49/mo cash flow. Total monthly income runs $966/mo, and annual cash flow reaches $589/yr on $42,764 cash to close. Return on cash invested measures 21.29% in year one, and rental yield registers 8.99% at a $129,000 basis. Equity gained on principal adds $832/yr, and annual property appreciation at 5% supports $35,640 by year five. Five-year ROI tracks 111.57% and total cumulative return in cash totals $47,713. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $966/mo property income relative to a $631/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
10,802 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76801, Brownwood, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,676 (100%) |
| Owner Occupied HU | 6,492 (51.2%) |
| Renter Occupied HU | 3,800 (30.0%) |
| Vacant Housing Units | 2,384 (18.8%) |
| Median Home Value | $167,797 |
| Average Home Value | $210,963 |
Housing Distribution
Address Breakdown
Residential
10,657
Single Family
9,499
Multi-Family
1,158
Businesses
885
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Listed by: Sheri Wells • KWSynergy
Mls Name: NTREIS
Mls ID: #21002940
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.