Last 24 Hours
$70,000
3012 Mccormick Ln, Tyler, TX, 75701
On Market
Just Added
2 Beds
1 Bath
640 Sq Ft
Single Family Residence
$109.38 / sqft
Built in 1930About this property
Opportunity to own a 2-bedroom, 1-bath home conveniently located in a central area on a cul-de-sac. The property needs some TLC, offering an opportunity to add value and make improvements to suit your investment strategy. The home currently has long-term tenants who are willing to remain, with reasonable terms, this could provide a potential rental option.
Investor Tools
$0Estimated Mortgage Balance
$147,000Estimated Equity
100% equity
Estimated Cap Rate
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$882 /month
Positive
Cash Flow Estimate:
$294 /month
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Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$126/month
No HOA
5.947%
12.4%