704 Shiloh Ridge 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
Rental property for sale in Tyler at 704 Shiloh Ridge St, Tyler, TX, 75703 priced at $329,900 converts $2,561/mo rent into $215/mo cash flow after a $1,615/mo obligation. Total monthly income equals $2,561/mo, and annual cash flow totals $2,577/yr on $109,362 invested. Return on cash invested prints 22.27% in year one, and rental yield reads 9.32% against a $329,900 entry. Equity gained on principal adds $2,129/yr, while 5% annual appreciation compiles into $91,145 by year five. Five-year ROI reaches 116.69% and total cumulative return in cash sums $127,611. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,561/mo property income covering a $1,615/mo payment, not borrower’s personal income.
Single Family
Built in 1998
5,662 sqft 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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