1409 N Ross AveTylerTX75702
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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 1409 N Ross Ave, Tyler, TX, 75702 offers a 8.84% rental yield on a $183,400 purchase with $1,351/mo rent. Total monthly income registers $1,351/mo, and a $898/mo payment leaves $46/mo available for distribution. Annual cash flow reaches $558/yr on $60,797 to close, and return on cash invested stands at 20.83% in year one. Equity gained on principal adds $1,183/yr while 5% annual appreciation supports $50,670 over five years. Portfolio math shows five-year ROI at 109% and total cumulative return in cash at $66,268. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,351/mo property income against a $898/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1947
7,384 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75702, Tyler, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,306 (100%) |
| Owner Occupied HU | 4,750 (46.1%) |
| Renter Occupied HU | 4,409 (42.8%) |
| Vacant Housing Units | 1,147 (11.1%) |
| Median Home Value | $99,537 |
| Average Home Value | $145,776 |
Housing Distribution
Address Breakdown
Residential
9,570
Single Family
7,958
Multi-Family
1,612
Businesses
1,773
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