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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Brownwood at 3002 Waterstone Way, Brownwood, TX, 76801 uses $81,218 cash to close to unlock $5,723/yr annual cash flow and $477/mo monthly cash flow. Total monthly income runs $2,219/mo, and a $1,199/mo payment keeps the spread at $477/mo. Purchase price stands at $245,000, and rental yield measures 10.87% with $2,219/mo rent. Return on cash invested shows 26.96% in year one, and 5% annual appreciation builds toward $67,689 over five years. Five-year ROI reaches 141.83% and total cumulative return in cash records $115,188. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,219/mo property income covering a $1,199/mo payment rather than investor’s personal income.
Condo
Built in 2020
217.80 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76801, Brownwood, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,676 (100%) |
| Owner Occupied HU | 6,492 (51.2%) |
| Renter Occupied HU | 3,800 (30.0%) |
| Vacant Housing Units | 2,384 (18.8%) |
| Median Home Value | $167,797 |
| Average Home Value | $210,963 |
Residential
10,657
Single Family
9,499
Multi-Family
1,158
Businesses
885
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Sheri Wells • KWSynergy
Mls Name: NTREIS
Mls ID: #21088697
