15540 State Highway 31 WTylerTX75709
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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 Tyler at 15540 State Highway 31 W, Tyler, TX, 75709 generates $2,299/mo in rent, after a $1,860/mo payment. Total monthly income is $2,299/mo. Return on cash invested sits at 16.07% in year one, and rental yield is 7.26% on a $380,000 entry. Equity gained on principal adds $2,452/yr, while 5% annual appreciation builds toward $104,987 over five years. Five-year ROI reaches 83.45% and total cumulative return in cash sums $105,121. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,299/mo property income rather than buyer’s personal income.
Single Family
Built in 1955
2.61 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75709, Tyler, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,965 (100%) |
| Owner Occupied HU | 1,707 (57.6%) |
| Renter Occupied HU | 1,016 (34.3%) |
| Vacant Housing Units | 242 ( 8.2%) |
| Median Home Value | $311,000 |
| Average Home Value | $429,621 |
Housing Distribution
Address Breakdown
Residential
2,917
Single Family
2,239
Multi-Family
678
Businesses
140
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