2315 Rusk StBeaumontTX77702
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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
Rental property for sale in Beaumont at 2315 Rusk St, Beaumont, TX, 77702 generates $2,153/mo in rent and, after a $514/mo payment, leaves $1,406/mo in cash flow. Total monthly income is $2,153/mo, and annual cash flow is $16,875/yr on $34,808 invested. Return on cash invested sits at 68.39% in year one, and rental yield is 24.61% on a $105,000 entry. Equity gained on principal adds $678/yr, while 5% annual appreciation builds toward $29,010 over five years. Five-year ROI reaches 364.13% and total cumulative return in cash sums $126,746. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,153/mo property income rather than buyer’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: 77702, Beaumont, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,358 (100%) |
| Owner Occupied HU | 467 (34.4%) |
| Renter Occupied HU | 643 (47.3%) |
| Vacant Housing Units | 248 (18.3%) |
| Median Home Value | $182,675 |
| Average Home Value | $203,549 |
Housing Distribution
Address Breakdown
Residential
1,275
Single Family
1,034
Multi-Family
241
Businesses
469
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Listed by: Jonathan Castelan • Connect Realty
Mls Name: BBOR
Mls Provider:
Mls ID: #248663
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.