2015 S Sneed AveTylerTX75701
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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 2015 S Sneed Ave, Tyler, TX, 75701 priced at $172,500 converts $2,420/mo rent into $1,194/mo cash flow after a $844/mo obligation. Total monthly income equals $2,420/mo, and annual cash flow totals $14,323/yr on $57,184 invested. Return on cash invested prints 44.96% in year one, and rental yield reads 16.83% against a $172,500 entry. Equity gained on principal adds $1,113/yr, while 5% annual appreciation compiles into $47,659 by year five. Five-year ROI reaches 238.39% and total cumulative return in cash sums $136,322. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,420/mo property income covering a $844/mo payment, not borrower’s personal income.
Single Family
Built in 1946
N/A 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
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Listed by: Brittany Sartain • The Agency - Tyler
Mls Name: GTARMLS
Mls Provider:
Mls ID: #24012254
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.