311 E Amherst DrTylerTX75701
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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
Investment property for sale in Tyler at 311 E Amherst Dr, Tyler, TX, 75701 listed at $269,900 pairs $2,281/mo rent with a $1,321/mo payment to leave $362/mo cash flow. Total monthly income runs $2,281/mo, and annual cash flow reaches $4,341/yr on $89,472 cash to close. Return on cash invested measures 24.76% in year one, and rental yield registers 10.14% at a $269,900 basis. Equity gained on principal adds $1,742/yr, and annual property appreciation at 5% supports $74,568 by year five. Five-year ROI tracks 130.06% and total cumulative return in cash totals $116,370. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,281/mo property income relative to a $1,321/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1957
10,454 sqft 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: Bill Birdsong • Berkshire Hathaway HomeServices Premier Properties
Mls Name: GTARMLS
Mls Provider:
Mls ID: #25008712
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.