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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Beeville at 1602 N Fowler St, Beeville, TX, 78102 offers $3,090/mo rent that, after a $631/mo payment, leaves $2,173/mo cash flow. Total monthly income is $3,090/mo, and annual cash flow is $26,077/yr on $42,764 cash. Return on cash invested measures 80.89% in year one, and rental yield stands at 28.74% at a $129,000 entry. Equity gained on principal adds $832/yr while 5% annual appreciation compounds into $35,640 by year five. Five-year ROI records 431.16% and total cumulative return in cash reaches $184,381. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,090/mo property income versus a $631/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1971
8,594 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78102, Beeville, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,895 (100%) |
| Owner Occupied HU | 4,742 (53.3%) |
| Renter Occupied HU | 2,799 (31.5%) |
| Vacant Housing Units | 1,354 (15.2%) |
| Median Home Value | $137,047 |
| Average Home Value | $178,028 |
Residential
8,474
Single Family
8,110
Multi-Family
364
Businesses
668
Date | Event | Price |
|---|---|---|
| 2024-07-25 | Price change | $129,000 |
| 2024-05-24 | Price change | $135,000 |
| 2024-05-07 | Price change | $159,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-14 | $820.66 | 1.07% | $149,460 | 12.34% |
| 2022-08-14 | $811.97 | N/A | $133,040 | 11.55% |
| 2021-08-14 | N/A | N/A | $119,270 | -7.92% |
Listed by: Daniel Diaz • Empower Realty Group
Mls Name: South Texas MLS
Mls Provider:
Mls ID: #434197
Disclaimer: Based on information from South Texas MLS, LLC as of 2024-02-06 10:12:13 PST. All information provided is deemed reliable but is not guaranteed and should be independently verified. South Texas MLS, LLC provides the MLS and all content therein AS IS and without any warranty, express or implied. MLS aggregate data is a copyright of Texas Association of REALTORS (TAR) and that the reader may not reproduce or distribute the MLS aggregate data.
