390 Smelker StBeaumontTX77707
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 390 Smelker St, Beaumont, TX, 77707 priced at $134,900 pairs $1,063/mo rent with $56/mo cash flow after a $660/mo payment. Total monthly income equals $1,063/mo, and annual cash flow comes to $674/yr on $44,719 invested. Return on cash invested is 21.42% in year one, and rental yield stands at 9.46% on a $134,900 basis. Equity gained on principal adds $870/yr, and 5% annual appreciation accumulates to $37,270 by year five. Five-year ROI measures 112.71% and total cumulative return in cash reaches $50,405. For financing, Ziffy Mortgage’s DSCR program evaluates $1,063/mo property income against a $660/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
8,276 sqft 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: Dayna Simmons • TEAM Dayna Simmons Real Estate -- 9007822
Mls Name: BBOR
Mls Provider:
Mls ID: #256303
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.