2209 Broadway StBeaumontTX77701
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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 2209 Broadway St, Beaumont, TX, 77701 uses $39,780 cash to close to unlock $4,169/yr annual cash flow and $347/mo monthly cash flow. Total monthly income runs $1,223/mo, and a $587/mo payment keeps the spread at $347/mo. Purchase price stands at $120,000, and rental yield measures 12.23% with $1,223/mo rent. Return on cash invested shows 30.39% in year one, and 5% annual appreciation builds toward $33,154 over five years. Five-year ROI reaches 160.56% and total cumulative return in cash records $63,871. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,223/mo property income covering a $587/mo payment rather than investor’s personal income.
Multi Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77701, Beaumont, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,742 (100%) |
| Owner Occupied HU | 2,491 (43.4%) |
| Renter Occupied HU | 2,140 (37.3%) |
| Vacant Housing Units | 1,111 (19.3%) |
| Median Home Value | $84,375 |
| Average Home Value | $128,495 |
Housing Distribution
Address Breakdown
Residential
5,213
Single Family
4,738
Multi-Family
475
Businesses
1,324
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Listed by: Jonathan Castelan • Connect Realty -- 573369
Mls Name: BBOR
Mls Provider:
Mls ID: #258821
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.