1555 S 23rd StBeaumontTX77707
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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 1555 S 23rd St, Beaumont, TX, 77707 offers a 7.99% rental yield on a $275,000 purchase with $1,830/mo rent. 26% in year one. Equity gained on principal adds $1,775/yr while 5% annual appreciation supports $75,977 over five years. Portfolio math shows five-year ROI at 95.21% and total cumulative return in cash at $86,795. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,830/mo property income against a $1,346/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1962
0.56 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77707, Beaumont, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,203 (100%) |
| Owner Occupied HU | 4,603 (63.9%) |
| Renter Occupied HU | 2,004 (27.8%) |
| Vacant Housing Units | 596 ( 8.3%) |
| Median Home Value | $183,533 |
| Average Home Value | $233,570 |
Housing Distribution
Address Breakdown
Residential
7,103
Single Family
6,310
Multi-Family
793
Businesses
875
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Listed by: Amy Chance • Compass RE Texas, LLC - Houston
Mls Name: HAR
Mls Provider:
Mls ID: #54239518
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