1620 Avenue DBrownwoodTX76801
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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 1620 Avenue D, Brownwood, TX, 76801 uses $36,465 cash to close to unlock $2,138/yr annual cash flow and $178/mo monthly cash flow. Total monthly income runs $960/mo, and a $538/mo payment keeps the spread at $178/mo. Purchase price stands at $110,000, and rental yield measures 10.47% with $960/mo rent. Return on cash invested shows 25.77% in year one, and 5% annual appreciation builds toward $30,391 over five years. Five-year ROI reaches 135.61% and total cumulative return in cash records $49,452. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $960/mo property income covering a $538/mo payment rather than investor’s personal income.
Single Family
Built in N/A
9,757 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: Daniel Kinnibrugh • Coldwell Banker - Mark Campbell & Assc
Mls Name: NTREIS
Mls ID: #20935673
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.