1809 E Carter DrBrownfieldTX79316
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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 1809 E Carter Dr, Brownfield, TX, 79316 uses $117,683 cash to close to unlock $3,241/yr annual cash flow and $270/mo monthly cash flow. Total monthly income runs $2,795/mo, and a $1,738/mo payment keeps the spread at $270/mo. Purchase price stands at $355,000, and rental yield measures 9.45% with $2,795/mo rent. Return on cash invested shows 22.66% in year one, and 5% annual appreciation builds toward $98,080 over five years. Five-year ROI reaches 118.86% and total cumulative return in cash records $139,872. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,795/mo property income covering a $1,738/mo payment rather than investor’s personal income.
Single Family
Built in 1989
0.26 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: Latrice Thomas • Aycock Realty Group, LLC
Mls Name: LBMLS
Mls ID: #202555453