2978 Goliad StBeaumontTX77701
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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 2978 Goliad St, Beaumont, TX, 77701 priced at $120,000 pairs $1,397/mo rent with $544/mo cash flow after a $587/mo payment. Total monthly income equals $1,397/mo, and annual cash flow comes to $6,528/yr on $39,780 invested. Return on cash invested is 36.32% in year one, and rental yield stands at 13.97% on a $120,000 basis. Equity gained on principal adds $774/yr, and 5% annual appreciation accumulates to $33,154 by year five. Five-year ROI measures 192.05% and total cumulative return in cash reaches $76,399. For financing, Ziffy Mortgage’s DSCR program evaluates $1,397/mo property income against a $587/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1962
7,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77701, Beaumont, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,742 (100%) |
| Owner Occupied HU | 2,491 (43.4%) |
| Renter Occupied HU | 2,140 (37.3%) |
| Vacant Housing Units | 1,111 (19.3%) |
| Median Home Value | $84,375 |
| Average Home Value | $128,495 |
Housing Distribution
Address Breakdown
Residential
5,213
Single Family
4,738
Multi-Family
475
Businesses
1,324
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Listed by: Marie Lane • NB Elite Realty
Mls Name: HAR
Mls Provider:
Mls ID: #47829437
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