Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Brownwood at 2102 16th St, Brownwood, TX, 76801 listed at $229,000 pairs $3,248/mo rent with a $1,121/mo payment to leave $1,619/mo cash flow. Total monthly income runs $3,248/mo, and annual cash flow reaches $19,433/yr on $75,914 cash to close. Return on cash invested measures 45.51% in year one, and rental yield registers 17.02% at a $229,000 basis. Equity gained on principal adds $1,478/yr, and annual property appreciation at 5% supports $63,268 by year five. Five-year ROI tracks 241.35% and total cumulative return in cash totals $183,221. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,248/mo property income relative to a $1,121/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1967
9,321 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76801, Brownwood, TX area.
| 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 |
Residential
10,657
Single Family
9,499
Multi-Family
1,158
Businesses
885
Date | Event | Price |
|---|---|---|
| 2024-08-22 | Listed for sale | $229,000 |
| 2009-06-06 | Listing removed | $112,500 |
| 2009-04-25 | Listed for sale | $112,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-31 | $2702.46 | -15.05% | $173,440 | 6.63% |
| 2022-08-31 | $3181.15 | N/A | $162,657 | 10.00% |
| 2021-08-31 | N/A | N/A | $147,870 | 9.19% |
Listed by: Sheri Wells • KWSynergy
Mls Name: NTREIS
Mls ID: #20705858
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.
