2485 W Lucas DrBeaumontTX77706
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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 2485 W Lucas Dr, Beaumont, TX, 77706 priced at $194,500 pairs $1,460/mo rent with $77/mo cash flow after a $952/mo payment. Total monthly income equals $1,460/mo, and annual cash flow comes to $922/yr on $64,477 invested. Return on cash invested is 21.34% in year one, and rental yield stands at 9.01% on a $194,500 basis. Equity gained on principal adds $1,255/yr, and 5% annual appreciation accumulates to $53,737 by year five. Five-year ROI measures 111.72% and total cumulative return in cash reaches $72,033. For financing, Ziffy Mortgage’s DSCR program evaluates $1,460/mo property income against a $952/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77706, Beaumont, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,618 (100%) |
| Owner Occupied HU | 7,223 (49.4%) |
| Renter Occupied HU | 5,868 (40.1%) |
| Vacant Housing Units | 1,527 (10.4%) |
| Median Home Value | $265,619 |
| Average Home Value | $303,241 |
Housing Distribution
Address Breakdown
Residential
14,637
Single Family
9,017
Multi-Family
5,620
Businesses
1,205
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Listed by: Annette Merrill • Homestead Realty
Mls Name: BBOR
Mls Provider:
Mls ID: #252249
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.