1950 Driskill StBeaumontTX77706
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1950 Driskill St, Beaumont, TX, 77706 uses $87,814 cash to close to unlock $118/yr annual cash flow and $10/mo monthly cash flow. Total monthly income runs $1,894/mo, and a $1,297/mo payment keeps the spread at $10/mo. Purchase price stands at $264,900, and rental yield measures 8.58% with $1,894/mo rent. Return on cash invested shows 20.04% in year one, and 5% annual appreciation builds toward $73,187 over five years. Five-year ROI reaches 104.77% and total cumulative return in cash records $92,000. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,894/mo property income covering a $1,297/mo payment rather than investor’s personal income.
Single Family
Built in N/A
0.28 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices