970 Evergreen LnBeaumontTX77706
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 970 Evergreen Ln, Beaumont, TX, 77706 at $239,900 posts ROI 23.46% with $236/mo cash flow from $1,954/mo rent. Total monthly income equals $1,954/mo, and annual cash flow records $2,827/yr on $79,527 to close. Return on cash invested measures 23.46% and rental yield reads 9.77% at the current $239,900. Equity gained on principal adds $1,548/yr, and 5% annual appreciation supports $66,280 by year five. Five-year ROI prints 123.18% and total cumulative return in cash totals $97,963.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,954/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1958
10,781 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
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Listed by: Michelle McGowan • Key2Close Realty,LLC
Mls Name: HAR
Mls Provider:
Mls ID: #28163280
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