5848 Grace AveTylerTX75707
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 5848 Grace Ave, Tyler, TX, 75707 at $279,900 posts ROI 24.47% with $352/mo cash flow from $2,370/mo rent. Total monthly income equals $2,370/mo, and annual cash flow records $4,230/yr on $92,787 to close. Return on cash invested measures 24.47% and rental yield reads 10.16% at the current $279,900. Equity gained on principal adds $1,806/yr, and 5% annual appreciation supports $77,331 by year five. Five-year ROI prints 128.66% and total cumulative return in cash totals $119,377.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,370/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2016
6,098 sqft lot
$N/A/sqft
$325 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: Paula Crouch • RE/MAX Tyler
Mls Name: GTARMLS
Mls Provider:
Mls ID: #25007568
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.