315 E Florida AveBeaumontTX77705
Nearby investment properties with comparable rents
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 315 E Florida Ave, Beaumont, TX, 77705 generates $1,820/mo in rent and, after a $842/mo payment, leaves $597/mo in cash flow. Total monthly income is $1,820/mo, and annual cash flow is $7,161/yr on $57,018 invested. Return on cash invested sits at 32.47% in year one, and rental yield is 12.7% on a $172,000 entry. Equity gained on principal adds $1,110/yr, while 5% annual appreciation builds toward $47,520 over five years. Five-year ROI reaches 171.42% and total cumulative return in cash sums $97,741. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,820/mo property income rather than buyer’s personal income.
Single Family
Built in 1962
7,823 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77705, Beaumont, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,263 (100%) |
| Owner Occupied HU | 6,312 (51.5%) |
| Renter Occupied HU | 3,972 (32.4%) |
| Vacant Housing Units | 1,979 (16.1%) |
| Median Home Value | $183,929 |
| Average Home Value | $212,005 |
Housing Distribution
Address Breakdown
Residential
11,986
Single Family
10,175
Multi-Family
1,811
Businesses
915
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices