668 William Spear DrTylerTX75704
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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 668 William Spear Dr, Tyler, TX, 75704 offers a 8.84% rental yield on a $345,000 purchase with $2,542/mo rent. Total monthly income registers $2,542/mo, and a $1,689/mo payment leaves $28/mo available for distribution. Annual cash flow reaches $341/yr on $114,368 to close, and return on cash invested stands at 20.21% in year one. Equity gained on principal adds $2,226/yr while 5% annual appreciation supports $95,317 over five years. Portfolio math shows five-year ROI at 105.89% and total cumulative return in cash at $121,108. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,542/mo property income against a $1,689/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1964
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75704, Tyler, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,344 (100%) |
| Owner Occupied HU | 2,871 (66.1%) |
| Renter Occupied HU | 1,056 (24.3%) |
| Vacant Housing Units | 417 ( 9.6%) |
| Median Home Value | $221,292 |
| Average Home Value | $254,530 |
Housing Distribution
Address Breakdown
Residential
4,382
Single Family
4,381
Multi-Family
1
Businesses
189
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Listed by: Tanya Ketchum • BOLD Real Estate Group
Mls Name: NTREIS
Mls ID: #20773646
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.