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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 Brownwood at 1606 S 3rd St, Brownwood, TX, 76801 generates $1,311/mo in rent and, after a $734/mo payment, leaves $245/mo in cash flow. Total monthly income is $1,311/mo, and annual cash flow is $2,934/yr on $49,723 invested. Return on cash invested sits at 25.81% in year one, and rental yield is 10.49% on a $149,995 entry. Equity gained on principal adds $968/yr, while 5% annual appreciation builds toward $41,441 over five years. Five-year ROI reaches 135.74% and total cumulative return in cash sums $67,492. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,311/mo property income rather than buyer’s personal income.
Single Family
Built in 2023
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76801, Brownwood, TX area.
| 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 |
Residential
10,657
Single Family
9,499
Multi-Family
1,158
Businesses
885
Date | Event | Price |
|---|---|---|
| 2025-02-10 | Listed for sale | $149,995 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Michael Kennedy • Gingrich Group, LLC
Mls Name: WMLS
Mls Provider:
Mls ID: #228123
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (IDX) program of the Waco Association of Realtors. IDX information is provided exclusively 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. Information deemed reliable but not guaranteed. Copyright 2025 Waco Association of Realtors. All Rights Reserved. Last Updated On: 2025-02-13 06:23:23 PST
