3181 State Highway 16 ETylerTX75706
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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 3181 State Highway 16 E, Tyler, TX, 75706 generates $1,800/mo in rent, after a $2,373/mo payment. Total monthly income is $1,800/mo. Return on cash invested sits at 7.61% in year one, and rental yield is 4.45% on a $484,900 entry. Equity gained on principal adds $3,129/yr, while 5% annual appreciation builds toward $133,969 over five years. Five-year ROI reaches 38.11% and total cumulative return in cash sums $61,255. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,800/mo property income rather than buyer’s personal income.
Multi Family
Built in 2003
N/A 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: Dena Ochoa • Texas Real Estate Executives, The Daniels Group - Gilmer
Mls Name: LGVBOARD
Mls Provider:
Mls ID: #20247017
Disclaimer: Copyright 2025 Longview Area Association of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.