992 Park Meadow DrBeaumontTX77706
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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 992 Park Meadow Dr, Beaumont, TX, 77706 uses $44,090 cash to close to unlock $4,471/yr annual cash flow and $373/mo monthly cash flow. Total monthly income runs $1,439/mo, and a $651/mo payment keeps the spread at $373/mo. Purchase price stands at $133,000, and rental yield measures 12.98% with $1,439/mo rent. Return on cash invested shows 30.05% in year one, and 5% annual appreciation builds toward $36,745 over five years. Five-year ROI reaches 159.62% and total cumulative return in cash records $70,377. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,439/mo property income covering a $651/mo payment rather than investor’s personal income.
Condo
Built in 1975
2,744 sqft lot
$N/A/sqft
$100 monthly 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: Laura LoGiudice • Re/Max Property Group
Mls Name: HAR
Mls Provider:
Mls ID: #15758327
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