405 E Simmons StBeaumontTX77703
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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 405 E Simmons St, Beaumont, TX, 77703 priced at $126,500 pairs $1,003/mo rent with $104/mo cash flow after a $619/mo payment. Total monthly income equals $1,003/mo, and annual cash flow comes to $1,243/yr on $41,935 invested. Return on cash invested is 22.87% in year one, and rental yield stands at 9.51% on a $126,500 basis. Equity gained on principal adds $816/yr, and 5% annual appreciation accumulates to $34,950 by year five. Five-year ROI measures 119.98% and total cumulative return in cash reaches $50,312. For financing, Ziffy Mortgage’s DSCR program evaluates $1,003/mo property income against a $619/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
7,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77703, Beaumont, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,499 (100%) |
| Owner Occupied HU | 2,363 (43.0%) |
| Renter Occupied HU | 2,345 (42.6%) |
| Vacant Housing Units | 791 (14.4%) |
| Median Home Value | $100,703 |
| Average Home Value | $148,128 |
Housing Distribution
Address Breakdown
Residential
5,894
Single Family
4,582
Multi-Family
1,312
Businesses
457
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