522 W Erwin St #522TylerTX75702
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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 522 W Erwin St #522, Tyler, TX, 75702 listed at $359,900 pairs $2,549/mo rent with a $1,762/mo payment. Total monthly income runs $2,549/mo. Return on cash invested measures 17.79% in year one, and rental yield registers 8.5% at a $359,900 basis. Equity gained on principal adds $2,322/yr, and annual property appreciation at 5% supports $99,434 by year five. Five-year ROI tracks 93.44% and total cumulative return in cash totals $111,482. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,549/mo property income relative to a $1,762/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2021
0.29 Acres lot
$N/A/sqft
$200 monthly 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: Julie Stewart • Stewart & McGee Real Estate
Mls Name: NTREIS
Mls ID: #20687206
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.