2204 Avenue EBrownwoodTX76801
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 Brownwood at 2204 Avenue E, Brownwood, TX, 76801 offers a 9.07% rental yield on a $129,000 purchase with $975/mo rent. Total monthly income registers $975/mo, and a $631/mo payment leaves $58/mo available for distribution. Annual cash flow reaches $697/yr on $42,764 to close, and return on cash invested stands at 21.54% in year one. Equity gained on principal adds $832/yr while 5% annual appreciation supports $35,640 over five years. Portfolio math shows five-year ROI at 112.89% and total cumulative return in cash at $48,277. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $975/mo property income against a $631/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
7,492 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76801, Brownwood, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
10,657
Single Family
9,499
Multi-Family
1,158
Businesses
885
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Stan Crawford • Texas Goldstar Real Estate
Mls Name: NTREIS
Mls ID: #21021132
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.