604 Wellington StTylerTX75703
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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 604 Wellington St, Tyler, TX, 75703 with 5% annual appreciation on a $264,000 basis while $1,811/mo rent supports operations. Equity gained on principal adds $1,704/yr, and five-year appreciation sums $72,938 alongside rental yield of 8.23%. Five-year ROI measures 99.18% and total cumulative return in cash totals $86,797. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,811/mo property income versus a $1,292/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1981
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75703, Tyler, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,751 (100%) |
| Owner Occupied HU | 11,190 (51.4%) |
| Renter Occupied HU | 8,969 (41.2%) |
| Vacant Housing Units | 1,592 ( 7.3%) |
| Median Home Value | $349,743 |
| Average Home Value | $421,521 |
Housing Distribution
Address Breakdown
Residential
21,712
Single Family
14,577
Multi-Family
7,135
Businesses
1,926
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