3367 Cascades Blvd APT 115TylerTX75709
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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 APT 115, Tyler, TX, 75709 listed at $290,000 pairs $2,224/mo rent with a $1,419/mo payment. Total monthly income runs $2,224/mo. Return on cash invested measures 17.14% in year one, and rental yield registers 9.2% at a $290,000 basis. Equity gained on principal adds $1,871/yr, and annual property appreciation at 5% supports $80,122 by year five. Five-year ROI tracks 90.98% and total cumulative return in cash totals $87,460. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,224/mo property income relative to a $1,419/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2008
N/A lot
$N/A/sqft
$384 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: Brittany Sartain • The Agency - Tyler
Mls Name: GTARMLS
Mls Provider:
Mls ID: #24014788
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.