1607 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 1607 N Ross Ave, Tyler, TX, 75702 uses $75,913 cash to close to unlock $173/yr annual cash flow and $14/mo monthly cash flow. Total monthly income runs $1,643/mo, and a $1,121/mo payment keeps the spread at $14/mo. Purchase price stands at $228,999, and rental yield measures 8.61% with $1,643/mo rent. Return on cash invested shows 20.14% in year one, and 5% annual appreciation builds toward $63,268 over five years. Five-year ROI reaches 105.32% and total cumulative return in cash records $79,948. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,643/mo property income covering a $1,121/mo payment rather than investor’s personal income.
Single Family
Built in 2025
7,405 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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