1614 Wood StBrownwoodTX76801
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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 1614 Wood St, Brownwood, TX, 76801 uses $48,996 cash to close to unlock $3,496/yr annual cash flow and $291/mo monthly cash flow. Total monthly income runs $1,342/mo, and a $723/mo payment keeps the spread at $291/mo. Purchase price stands at $147,800, and rental yield measures 10.9% with $1,342/mo rent. Return on cash invested shows 27.05% in year one, and 5% annual appreciation builds toward $40,834 over five years. Five-year ROI reaches 142.39% and total cumulative return in cash records $69,767. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,342/mo property income covering a $723/mo payment rather than investor’s personal income.
Single Family
Built in 1966
8,581 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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