276 Broadmoor DrBrookelandTX75931
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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 Brookeland at 276 Broadmoor Dr, Brookeland, TX, 75931 priced at $362,500 converts $2,553/mo rent into after a $1,774/mo obligation. Total monthly income equals $2,553/mo. Return on cash invested prints 19.66% in year one, and rental yield reads 8.45% against a $362,500 entry. Equity gained on principal adds $2,339/yr, while 5% annual appreciation compiles into $100,152 by year five. Five-year ROI reaches 102.76% and total cumulative return in cash sums $123,482. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,553/mo property income covering a $1,774/mo payment, not borrower’s personal income.
Single Family
Built in 1982
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75931, Brookeland, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,018 (100%) |
| Owner Occupied HU | 932 (46.2%) |
| Renter Occupied HU | 148 ( 7.3%) |
| Vacant Housing Units | 938 (46.5%) |
| Median Home Value | $265,132 |
| Average Home Value | $309,654 |
Housing Distribution
Address Breakdown
Residential
1,581
Single Family
1,581
Multi-Family
0
Businesses
75
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Listed by: April Word • Southeast Texas 1st Realty
Mls Name: LAR
Mls ID: #5107057