500 Parkway DrBrownwoodTX76801
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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 Brownwood at 500 Parkway Dr, Brownwood, TX, 76801 offers $1,680/mo rent that, after a $928/mo payment, leaves $332/mo cash flow. Total monthly income is $1,680/mo, and annual cash flow is $3,983/yr on $62,819 cash. Return on cash invested measures 26.25% in year one, and rental yield stands at 10.64% at a $189,500 entry. Equity gained on principal adds $1,223/yr while 5% annual appreciation compounds into $52,355 by year five. Five-year ROI records 138.07% and total cumulative return in cash reaches $86,735. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,680/mo property income versus a $928/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1975
10,672 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76801, Brownwood, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
10,657
Single Family
9,499
Multi-Family
1,158
Businesses
885
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