1945 N 23rd StBeaumontTX77706
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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 Beaumont at 1945 N 23rd St, Beaumont, TX, 77706 uses $66,267 cash to close to unlock $1,343/yr annual cash flow and $112/mo monthly cash flow. Total monthly income runs $1,533/mo, and a $978/mo payment keeps the spread at $112/mo. Purchase price stands at $199,900, and rental yield measures 9.2% with $1,533/mo rent. Return on cash invested shows 21.94% in year one, and 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 114.92% and total cumulative return in cash records $76,153. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,533/mo property income covering a $978/mo payment rather than investor’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77706, Beaumont, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,618 (100%) |
| Owner Occupied HU | 7,223 (49.4%) |
| Renter Occupied HU | 5,868 (40.1%) |
| Vacant Housing Units | 1,527 (10.4%) |
| Median Home Value | $265,619 |
| Average Home Value | $303,241 |
Housing Distribution
Address Breakdown
Residential
14,637
Single Family
9,017
Multi-Family
5,620
Businesses
1,205
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Listed by: Anna Bohannon • American Real Estate ERA Power
Mls Name: BBOR
Mls Provider:
Mls ID: #257128
Disclaimer: All information provided is deemed reliable but is not guaranteed. Information being provided is 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.