860 Bingman 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 860 Bingman Dr, Beaumont, TX, 77705 at $109,900 posts ROI 22.26% with $71/mo cash flow from $853/mo rent. Total monthly income equals $853/mo, and annual cash flow records $857/yr on $36,432 to close. Return on cash invested measures 22.26% and rental yield reads 9.31% at the current $109,900. Equity gained on principal adds $709/yr, and 5% annual appreciation supports $30,363 by year five. Five-year ROI prints 116.78% and total cumulative return in cash totals $42,544.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $853/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1988
0.36 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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