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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Tyler at 213 E Sheridan St, Tyler, TX, 75701 offers $2,018/mo rent that, after a $905/mo payment, leaves $703/mo cash flow. Total monthly income is $2,018/mo, and annual cash flow is $8,435/yr on $61,328 cash. Return on cash invested measures 33.66% in year one, and rental yield stands at 13.09% at a $185,000 entry. Equity gained on principal adds $1,194/yr while 5% annual appreciation compounds into $51,112 by year five. Five-year ROI records 177.81% and total cumulative return in cash reaches $109,047. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,018/mo property income versus a $905/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1962
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 75701, Tyler, TX area.
| 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 |
Residential
14,705
Single Family
12,166
Multi-Family
2,539
Businesses
1,834
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Judy Kunzman • Keller Williams Realty-Tyler
Mls Name: GTARMLS
Mls ID: #25017493
