16022 Red Oak RdTylerTX75707
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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 16022 Red Oak Rd, Tyler, TX, 75707 offers a 7.26% rental yield on a $499,999 purchase with $3,025/mo rent. 95% in year one. Equity gained on principal adds $3,226/yr while 5% annual appreciation supports $138,141 over five years. Portfolio math shows five-year ROI at 82.84% and total cumulative return in cash at $137,311. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,025/mo property income against a $2,447/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
0.55 Acres lot
$N/A/sqft
$200 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75707, Tyler, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,271 (100%) |
| Owner Occupied HU | 5,289 (63.9%) |
| Renter Occupied HU | 2,285 (27.6%) |
| Vacant Housing Units | 697 ( 8.4%) |
| Median Home Value | $295,850 |
| Average Home Value | $355,726 |
Housing Distribution
Address Breakdown
Residential
7,699
Single Family
6,696
Multi-Family
1,003
Businesses
340
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Listed by: Jena Waldron • Keller Williams Realty-Tyler
Mls Name: GTARMLS
Mls Provider:
Mls ID: #25011747
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed to be reliable but not guaranteed.