1741 Elk River RdTylerTX75703
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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 1741 Elk River Rd, Tyler, TX, 75703 uses $106,080 cash to close to unlock $1,880/yr annual cash flow and $157/mo monthly cash flow. Total monthly income runs $2,432/mo, and a $1,566/mo payment keeps the spread at $157/mo. Purchase price stands at $320,000, and rental yield measures 9.12% with $2,432/mo rent. Return on cash invested shows 21.68% in year one, and 5% annual appreciation builds toward $88,410 over five years. Five-year ROI reaches 113.55% and total cumulative return in cash records $120,459. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,432/mo property income covering a $1,566/mo payment rather than investor’s personal income.
Single Family
Built in 2009
8,276 sqft 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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