1242 Colt LnTylerTX75703
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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 Tyler at 1242 Colt Ln, Tyler, TX, 75703 listed at $785,000 pairs $3,996/mo rent with a $3,842/mo payment. Total monthly income runs $3,996/mo. Return on cash invested measures 12.69% in year one, and rental yield registers 6.11% at a $785,000 basis. Equity gained on principal adds $5,065/yr, and annual property appreciation at 5% supports $216,881 by year five. Five-year ROI tracks 65.32% and total cumulative return in cash totals $168,686. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,996/mo property income relative to a $3,842/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2021
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75703, Tyler, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,751 (100%) |
| Owner Occupied HU | 11,190 (51.4%) |
| Renter Occupied HU | 8,969 (41.2%) |
| Vacant Housing Units | 1,592 ( 7.3%) |
| Median Home Value | $349,743 |
| Average Home Value | $421,521 |
Housing Distribution
Address Breakdown
Residential
21,712
Single Family
14,577
Multi-Family
7,135
Businesses
1,926
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