308 Princess PlTylerTX75704
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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 308 Princess Pl, Tyler, TX, 75704 generates $2,196/mo in rent, after a $2,080/mo payment. Total monthly income is $2,196/mo. Return on cash invested sits at 12.87% in year one, and rental yield is 6.2% on a $425,000 entry. Equity gained on principal adds $2,742/yr, while 5% annual appreciation builds toward $117,420 over five years. Five-year ROI reaches 66.31% and total cumulative return in cash sums $93,425. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,196/mo property income rather than buyer’s personal income.
Single Family
Built in 2015
9,801 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75704, Tyler, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,344 (100%) |
| Owner Occupied HU | 2,871 (66.1%) |
| Renter Occupied HU | 1,056 (24.3%) |
| Vacant Housing Units | 417 ( 9.6%) |
| Median Home Value | $221,292 |
| Average Home Value | $254,530 |
Housing Distribution
Address Breakdown
Residential
4,382
Single Family
4,381
Multi-Family
1
Businesses
189
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