245 E Pipkin St #CBeaumontTX77705
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 Beaumont at 245 E Pipkin St #C, Beaumont, TX, 77705 earns from $1,050/mo rent with a $1,101/mo payment. Total monthly income totals $1,050/mo. ROI tracks 11.06% on current figures, and rental yield reads 5.6% at a $225,000 purchase. Equity gained on principal adds $1,452/yr, and 5% annual appreciation supports $62,163 over five years. Five-year ROI reaches 56.68% and total cumulative return in cash sums $42,273. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,050/mo property income instead of your personal income.
Multi Family
Built in 1962
5,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77705, Beaumont, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,263 (100%) |
| Owner Occupied HU | 6,312 (51.5%) |
| Renter Occupied HU | 3,972 (32.4%) |
| Vacant Housing Units | 1,979 (16.1%) |
| Median Home Value | $183,929 |
| Average Home Value | $212,005 |
Housing Distribution
Address Breakdown
Residential
11,986
Single Family
10,175
Multi-Family
1,811
Businesses
915
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices