4740 Cornell DrBeaumontTX77705
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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
Investment property for sale in Beaumont at 4740 Cornell Dr, Beaumont, TX, 77705 offers a 11.27% rental yield on a $169,999 purchase with $1,596/mo rent. Total monthly income registers $1,596/mo, and a $832/mo payment leaves $387/mo available for distribution. Annual cash flow reaches $4,646/yr on $56,355 to close, and return on cash invested stands at 28.15% in year one. Equity gained on principal adds $1,097/yr while 5% annual appreciation supports $46,968 over five years. Portfolio math shows five-year ROI at 148.35% and total cumulative return in cash at $83,601. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,596/mo property income against a $832/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1968
0.41 Acres 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
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