2599 South 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 2599 South St, Beaumont, TX, 77702 with 5% annual appreciation on a $157,900 basis while $1,270/mo rent supports operations. Total monthly income totals $1,270/mo and a $773/mo payment preserves $78/mo for cash returns. Annual cash flow comes to $932/yr on $52,344 deployed, and return on cash invested reaches 21.69% in year one. Equity gained on principal adds $1,019/yr, and five-year appreciation sums $43,625 alongside rental yield of 9.65%. Five-year ROI measures 114.17% and total cumulative return in cash totals $59,762.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,270/mo property income versus a $773/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
10,018 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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Listed by: Yakera Irvin • The Property Shoppe
Mls Name: BBOR
Mls Provider:
Mls ID: #253150
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.