3367 Cascades Blvd #1-111TylerTX75709
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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 3367 Cascades Blvd #1-111, Tyler, TX, 75709 offers a 8.26% rental yield on a $515,000 purchase with $3,544/mo rent. 86% in year one. Equity gained on principal adds $3,323/yr while 5% annual appreciation supports $142,285 over five years. Portfolio math shows five-year ROI at 78.53% and total cumulative return in cash at $133,057. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,544/mo property income against a $2,521/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
$616 monthly 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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Listed by: Amy Egana • NextHome Neighbors
Mls Name: GTARMLS
Mls Provider:
Mls ID: #24010928
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.