606 Tremont StTylerTX75701
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 606 Tremont St, Tyler, TX, 75701 offers a 3.03% rental yield on a $1,499,900 purchase with $3,790/mo rent. 39% in year one. Equity gained on principal adds $9,679/yr while 5% annual appreciation supports $414,395 over five years. Portfolio math shows five-year ROI at 15.41% and total cumulative return in cash at $74,896. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,790/mo property income against a $7,341/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1962
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75701, Tyler, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,739 (100%) |
| Owner Occupied HU | 7,961 (50.6%) |
| Renter Occupied HU | 6,202 (39.4%) |
| Vacant Housing Units | 1,576 (10.0%) |
| Median Home Value | $247,064 |
| Average Home Value | $302,213 |
Housing Distribution
Address Breakdown
Residential
14,705
Single Family
12,166
Multi-Family
2,539
Businesses
1,834
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices