2450 Harrison 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
Investment property for sale in Beaumont at 2450 Harrison St, Beaumont, TX, 77702 uses $61,328 cash to close to unlock $1,595/yr annual cash flow and $133/mo monthly cash flow. Total monthly income runs $1,448/mo, and a $905/mo payment keeps the spread at $133/mo. Purchase price stands at $185,000, and rental yield measures 9.39% with $1,448/mo rent. Return on cash invested shows 22.51% in year one, and 5% annual appreciation builds toward $51,112 over five years. Five-year ROI reaches 117.99% and total cumulative return in cash records $72,363. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,448/mo property income covering a $905/mo payment rather than investor’s personal income.
Single Family
Built in 1930
9,375 sqft 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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