590 Goodhue RdBeaumontTX77706
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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 590 Goodhue Rd, Beaumont, TX, 77706 offers $3,140/mo rent that, after a $1,933/mo payment, leaves $52/mo cash flow. Total monthly income is $3,140/mo, and annual cash flow is $623/yr on $130,943 cash. Return on cash invested measures 20.39% in year one, and rental yield stands at 9.54% at a $395,000 entry. Equity gained on principal adds $2,549/yr while 5% annual appreciation compounds into $109,131 by year five. Five-year ROI records 107.52% and total cumulative return in cash reaches $140,790. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,140/mo property income versus a $1,933/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1968
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77706, Beaumont, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,618 (100%) |
| Owner Occupied HU | 7,223 (49.4%) |
| Renter Occupied HU | 5,868 (40.1%) |
| Vacant Housing Units | 1,527 (10.4%) |
| Median Home Value | $265,619 |
| Average Home Value | $303,241 |
Housing Distribution
Address Breakdown
Residential
14,637
Single Family
9,017
Multi-Family
5,620
Businesses
1,205
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Listed by: Patricia Mack • 2011 AMERICAN REAL ESTATE CO. LLC
Mls Name: HAR
Mls Provider:
Mls ID: #50769306
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