2010 Locklear LnTylerTX75703
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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 2010 Locklear Ln, Tyler, TX, 75703 priced at $392,000 pairs $3,242/mo rent with $396/mo cash flow after a $1,919/mo payment. Total monthly income equals $3,242/mo, and annual cash flow comes to $4,749/yr on $129,948 invested. Return on cash invested is 23.56% in year one, and rental yield stands at 9.92% on a $392,000 basis. Equity gained on principal adds $2,530/yr, and 5% annual appreciation accumulates to $108,302 by year five. Five-year ROI measures 123.83% and total cumulative return in cash reaches $160,920. For financing, Ziffy Mortgage’s DSCR program evaluates $3,242/mo property income against a $1,919/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
$700 annually 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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Listed by: Hannah Clark • Texas Premier Realty
Mls Name: GTARMLS
Mls Provider:
Mls ID: #25007241
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.