3351 Cascades Ct UNIT 321TylerTX75709
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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 3351 Cascades Ct UNIT 321, Tyler, TX, 75709 offers a 8.37% rental yield on a $425,000 purchase with $2,963/mo rent. 41% in year one. Equity gained on principal adds $2,742/yr while 5% annual appreciation supports $117,420 over five years. Portfolio math shows five-year ROI at 101.34% and total cumulative return in cash at $142,781. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,963/mo property income against a $2,080/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2008
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75709, Tyler, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,965 (100%) |
| Owner Occupied HU | 1,707 (57.6%) |
| Renter Occupied HU | 1,016 (34.3%) |
| Vacant Housing Units | 242 ( 8.2%) |
| Median Home Value | $311,000 |
| Average Home Value | $429,621 |
Housing Distribution
Address Breakdown
Residential
2,917
Single Family
2,239
Multi-Family
678
Businesses
140
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