1702 E Broadway StBrownfieldTX79316
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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 Brownfield at 1702 E Broadway St, Brownfield, TX, 79316 earns from $2,323/mo rent with a $1,786/mo payment. Total monthly income totals $2,323/mo. ROI tracks 17.21% on current figures, and rental yield reads 7.64% at a $365,000 purchase. Equity gained on principal adds $2,355/yr, and 5% annual appreciation supports $100,843 over five years. Five-year ROI reaches 89.57% and total cumulative return in cash sums $108,379. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,323/mo property income instead of your personal income.
Single Family
Built in 1977
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79316, Brownfield, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,297 (100%) |
| Owner Occupied HU | 2,421 (56.3%) |
| Renter Occupied HU | 1,153 (26.8%) |
| Vacant Housing Units | 723 (16.8%) |
| Median Home Value | $114,933 |
| Average Home Value | $142,074 |
Housing Distribution
Address Breakdown
Residential
3,805
Single Family
3,610
Multi-Family
195
Businesses
440
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Listed by: Josh Nichols • Providence Realty
Mls Name: LBMLS
Mls ID: #202558741