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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Brownwood at 2308 16th St, Brownwood, TX, 76801 generates $2,041/mo in rent and, after a $1,199/mo payment, leaves $299/mo in cash flow. Total monthly income is $2,041/mo, and annual cash flow is $3,590/yr on $81,184 invested. Return on cash invested sits at 24.33% in year one, and rental yield is 10% on a $244,900 entry. Equity gained on principal adds $1,580/yr, while 5% annual appreciation builds toward $67,661 over five years. Five-year ROI reaches 127.8% and total cumulative return in cash sums $103,757. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,041/mo property income rather than buyer’s personal income.
Single Family
Built in 1968
8,232 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 |
|---|---|---|
| 2025-05-08 | Listed for sale | $244,900 |
| 2023-11-30 | Sold | N/A |
| 2023-11-20 | Pending sale | $230,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-08 | $2457.46 | -22.11% | $160,666 | 10.00% |
| 2023-05-08 | $3155.07 | -2.40% | $146,060 | N/A |
| 2022-05-08 | $3232.81 | N/A | $146,060 | 20.79% |
Listed by: Joe Godinho • Setzler Associates Realty
Mls Name: NTREIS
Mls ID: #20929529
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.
