883 County Road 37TylerTX75706
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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 883 County Road 37, Tyler, TX, 75706 generates $2,830/mo in rent, after a $2,692/mo payment. Total monthly income is $2,830/mo. Return on cash invested sits at 12.89% in year one, and rental yield is 6.17% on a $550,000 entry. Equity gained on principal adds $3,549/yr, while 5% annual appreciation builds toward $151,955 over five years. Five-year ROI reaches 66.39% and total cumulative return in cash sums $120,130. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,830/mo property income rather than buyer’s personal income.
Single Family
Built in 2018
1.08 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75706, Tyler, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,440 (100%) |
| Owner Occupied HU | 2,849 (64.2%) |
| Renter Occupied HU | 1,157 (26.1%) |
| Vacant Housing Units | 434 ( 9.8%) |
| Median Home Value | $202,598 |
| Average Home Value | $224,303 |
Housing Distribution
Address Breakdown
Residential
4,206
Single Family
4,113
Multi-Family
93
Businesses
160
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Listed by: Connie Moreno • Houston Preferred Properties
Mls Name: HAR
Mls Provider:
Mls ID: #4256033
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