2001 E Lake StTylerTX75701
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 2001 E Lake St, Tyler, TX, 75701 uses $77,903 cash to close to unlock $3,997/yr annual cash flow and $333/mo monthly cash flow. Total monthly income runs $2,004/mo, and a $1,150/mo payment keeps the spread at $333/mo. Purchase price stands at $235,000, and rental yield measures 10.23% with $2,004/mo rent. Return on cash invested shows 25.04% in year one, and 5% annual appreciation builds toward $64,926 over five years. Five-year ROI reaches 131.63% and total cumulative return in cash records $102,544. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,004/mo property income covering a $1,150/mo payment rather than investor’s personal income.
Single Family
Built in 1950
7,710 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75701, Tyler, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,739 (100%) |
| Owner Occupied HU | 7,961 (50.6%) |
| Renter Occupied HU | 6,202 (39.4%) |
| Vacant Housing Units | 1,576 (10.0%) |
| Median Home Value | $247,064 |
| Average Home Value | $302,213 |
Housing Distribution
Address Breakdown
Residential
14,705
Single Family
12,166
Multi-Family
2,539
Businesses
1,834
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kathy Hobbs • Exit Realty Pinnacle Group
Mls Name: NTREIS
Mls ID: #20874033
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.