5712 Nicholson DrTylerTX75707
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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 5712 Nicholson Dr, Tyler, TX, 75707 priced at $379,900 converts $2,663/mo rent into after a $1,859/mo obligation. Total monthly income equals $2,663/mo. Return on cash invested prints 19.13% in year one, and rental yield reads 8.41% against a $379,900 entry. Equity gained on principal adds $2,451/yr, while 5% annual appreciation compiles into $104,959 by year five. Five-year ROI reaches 100.01% and total cumulative return in cash sums $125,945. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,663/mo property income covering a $1,859/mo payment, not borrower’s personal income.
Single Family
Built in 1999
7,623 sqft lot
$N/A/sqft
$528 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75707, Tyler, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,271 (100%) |
| Owner Occupied HU | 5,289 (63.9%) |
| Renter Occupied HU | 2,285 (27.6%) |
| Vacant Housing Units | 697 ( 8.4%) |
| Median Home Value | $295,850 |
| Average Home Value | $355,726 |
Housing Distribution
Address Breakdown
Residential
7,699
Single Family
6,696
Multi-Family
1,003
Businesses
340
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Listed by: Brad Newberry • Newberry Real Estate
Mls Name: GTARMLS
Mls Provider:
Mls ID: #24014444
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.