2660 Long 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 2660 Long St, Beaumont, TX, 77702 offers a 10.97% rental yield on a $175,000 purchase with $1,600/mo rent. Total monthly income registers $1,600/mo, and a $857/mo payment leaves $355/mo available for distribution. Annual cash flow reaches $4,261/yr on $58,013 to close, and return on cash invested stands at 27.25% in year one. Equity gained on principal adds $1,129/yr while 5% annual appreciation supports $48,349 over five years. Portfolio math shows five-year ROI at 143.53% and total cumulative return in cash at $83,263. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,600/mo property income against a $857/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1944
0.26 Acres 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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