316 E Reeves StTylerTX75702
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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
Total monthly income runs $1,062/mo, and a $1,175/mo payment. Purchase price stands at $240,000, and rental yield measures 5.31% with $1,062/mo rent. Return on cash invested shows 10.18% in year one, and 5% annual appreciation builds toward $66,308 over five years. Five-year ROI reaches 51.87% and total cumulative return in cash records $41,270. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,062/mo property income covering a $1,175/mo payment rather than investor’s personal income.
Multi Family
Built in 1930
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75702, Tyler, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,306 (100%) |
| Owner Occupied HU | 4,750 (46.1%) |
| Renter Occupied HU | 4,409 (42.8%) |
| Vacant Housing Units | 1,147 (11.1%) |
| Median Home Value | $99,537 |
| Average Home Value | $145,776 |
Housing Distribution
Address Breakdown
Residential
9,570
Single Family
7,958
Multi-Family
1,612
Businesses
1,773
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Listed by: Erika Gonzalez • Maya Properties
Mls Name: GTARMLS
Mls Provider:
Mls ID: #25005862
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.