285 Canterbury DrBeaumontTX77707
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Nearby investment properties with comparable prices
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 285 Canterbury Dr, Beaumont, TX, 77707 priced at $158,000 pairs $3,412/mo rent with $2,232/mo cash flow after a $773/mo payment. Total monthly income equals $3,412/mo, and annual cash flow comes to $26,787/yr on $52,377 invested. Return on cash invested is 71.05% in year one, and rental yield stands at 25.91% on a $158,000 basis. Equity gained on principal adds $1,020/yr, and 5% annual appreciation accumulates to $43,652 by year five. Five-year ROI measures 378.83% and total cumulative return in cash reaches $198,418. For financing, Ziffy Mortgage’s DSCR program evaluates $3,412/mo property income against a $773/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77707, Beaumont, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,203 (100%) |
| Owner Occupied HU | 4,603 (63.9%) |
| Renter Occupied HU | 2,004 (27.8%) |
| Vacant Housing Units | 596 ( 8.3%) |
| Median Home Value | $183,533 |
| Average Home Value | $233,570 |
Housing Distribution
Address Breakdown
Residential
7,103
Single Family
6,310
Multi-Family
793
Businesses
875
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Listed by: Laura Perez • JLA Realty
Mls Name: BBOR
Mls Provider:
Mls ID: #251186
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.