532 S Bonner AveTylerTX75702
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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 532 S Bonner Ave, Tyler, TX, 75702 priced at $196,500 converts $1,502/mo rent into $8/mo cash flow after a $962/mo obligation. Total monthly income equals $1,502/mo, and annual cash flow totals $96/yr on $65,140 invested. Return on cash invested prints 20.06% in year one, and rental yield reads 9.17% against a $196,500 entry. Equity gained on principal adds $1,268/yr, while 5% annual appreciation compiles into $54,289 by year five. Five-year ROI reaches 105.49% and total cumulative return in cash sums $68,713. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,502/mo property income covering a $962/mo payment, not borrower’s personal income.
Multi Family
Built in 1902
7,797 sqft lot
$N/A/sqft
No 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: Elizabeth Tyler-Loncar • Ebby Halliday, REALTORS
Mls Name: NTREIS
Mls ID: #20764316
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.