114 Drummond StTyeTX79563
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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
Rental property for sale in Tye at 114 Drummond St, Tye, TX, 79563 generates $1,123/mo in rent, after a $1,346/mo payment. Total monthly income is $1,123/mo. Return on cash invested sits at 8.95% in year one, and rental yield is 4.9% on a $275,000 entry. Equity gained on principal adds $1,775/yr, while 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 45.31% and total cumulative return in cash sums $41,303. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,123/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79563, Tye, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 567 (100%) |
| Owner Occupied HU | 369 (65.1%) |
| Renter Occupied HU | 118 (20.8%) |
| Vacant Housing Units | 80 (14.1%) |
| Median Home Value | $151,268 |
| Average Home Value | $175,176 |
Housing Distribution
Address Breakdown
Residential
443
Single Family
443
Multi-Family
0
Businesses
64
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