6205 Sheridan Oaks DrBeaumontTX77706
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
Investment property for sale in Beaumont at 6205 Sheridan Oaks Dr, Beaumont, TX, 77706 with 5% annual appreciation on a $449,900 basis while $5,231/mo rent supports operations. Total monthly income totals $5,231/mo and a $2,202/mo payment preserves $2,032/mo for cash returns. Annual cash flow comes to $24,381/yr on $149,142 deployed, and return on cash invested reaches 36.26% in year one. Equity gained on principal adds $2,903/yr, and five-year appreciation sums $124,299 alongside rental yield of 13.95%. Five-year ROI measures 191.72% and total cumulative return in cash totals $285,934.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,231/mo property income versus a $2,202/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1988
10,349 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Frank Willson • RE/MAX ONE
Mls Name: HAR
Mls Provider:
Mls ID: #56750666
Disclaimer: Copyright 2024, Houston REALTORS Information Service, Inc. The information provided is exclusively 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. Information is deemed reliable but not guaranteed.