2345 Long AveBeaumontTX77702
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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 2345 Long Ave, Beaumont, TX, 77702 uses $64,974 cash to close to unlock $8,960/yr annual cash flow and $747/mo monthly cash flow. Total monthly income runs $2,252/mo, and a $959/mo payment keeps the spread at $747/mo. Purchase price stands at $196,000, and rental yield measures 13.79% with $2,252/mo rent. Return on cash invested shows 33.7% in year one, and 5% annual appreciation builds toward $54,151 over five years. Five-year ROI reaches 178.76% and total cumulative return in cash records $116,148. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,252/mo property income covering a $959/mo payment rather than investor’s personal income.
Single 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: Cathy Ferguson • RE/MAX ONE
Mls Name: BBOR
Mls Provider:
Mls ID: #247153
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.