9478 Old Gilbert RdBeaumontTX77705
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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 9478 Old Gilbert Rd, Beaumont, TX, 77705 uses $99,119 cash to close to unlock $7,695/yr annual cash flow and $641/mo monthly cash flow. Total monthly income runs $2,767/mo, and a $1,463/mo payment keeps the spread at $641/mo. Purchase price stands at $299,000, and rental yield measures 11.11% with $2,767/mo rent. Return on cash invested shows 27.67% in year one, and 5% annual appreciation builds toward $82,608 over five years. Five-year ROI reaches 145.71% and total cumulative return in cash records $144,430. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,767/mo property income covering a $1,463/mo payment rather than investor’s personal income.
Single Family
Built in 1962
4.06 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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Listed by: Casey Brittain • RE/MAX On The Water -Bolivar
Mls Name: HAR
Mls Provider:
Mls ID: #93706222
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