2391 Fm 16 WTylerTX75706
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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 2391 Fm 16 W, Tyler, TX, 75706 generates $2,086/mo in rent and, after a $1,125/mo payment, leaves $451/mo in cash flow. Total monthly income is $2,086/mo, and annual cash flow is $5,417/yr on $76,212 invested. Return on cash invested sits at 27.02% in year one, and rental yield is 10.89% on a $229,900 entry. Equity gained on principal adds $1,484/yr, while 5% annual appreciation builds toward $63,517 over five years. Five-year ROI reaches 142.21% and total cumulative return in cash sums $108,383. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,086/mo property income rather than buyer’s personal income.
Single Family
Built in 1970
4.08 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75706, Tyler, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,440 (100%) |
| Owner Occupied HU | 2,849 (64.2%) |
| Renter Occupied HU | 1,157 (26.1%) |
| Vacant Housing Units | 434 ( 9.8%) |
| Median Home Value | $202,598 |
| Average Home Value | $224,303 |
Housing Distribution
Address Breakdown
Residential
4,206
Single Family
4,113
Multi-Family
93
Businesses
160
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Listed by: Rebecca Burks • RE/MAX Professionals
Mls Name: GTARMLS
Mls Provider:
Mls ID: #25008557
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.