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2411 Rodge Dr
F Composite 34.82
Why this score? — see what drove the F grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

  • Cash flow +13.5/30.0
  • DSCR +4.1/10.0
  • 1% rule +3.9/10.0
  • Livability +3.8/5.0
  • Rent growth +3.4/5.0
  • Schools +3.3/10.0
  • Condition / age +2.5/5.0
  • ARV discount +0.4/15.0
  • Appreciation +0.0/10.0

$205,000

2411 Rodge Dr · Tyler, TX 75701
3 bd · 1.0 ba · 1,248 sqft · SingleFamily public records · 24 Days on market
Built 1955 Est $177k · 16% over

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks

This property features three bedrooms and one bathroom and has been comprehensively updated throughout. Key interior highlights include stylish wood-look flooring and granite countertops in the kitchen, complemented by a modern, tiled shower in the bathroom. The exterior boasts a private, fully fenced-in backyard. Ideally situated, the home offers convenient access to TJC, UT Tyler, local shopping, grocery stores, and various dining options. Key Highlights: * Interior Updates: Completely renovated with modern, high-quality finishes. * Kitchen Features: Upgraded with granite countertops and durable, aesthetic wood-look flooring. * Bathroom: Features a contemporary tiled shower. * Exteri

Key facts

  • Granite countertops
  • Modern tiled shower
  • Garage

Tags

GRANITE COUNTERTOPSMODERN TILED SHOWERCONVENIENT ACCESS TO TJCCONVENIENT ACCESS TO UT TYLER

Property features AI

Exterior

  • Parking: 1-car garage
  • Home design: Single-family detached residence; Single story
  • Construction: Brick and wood siding construction; Composition roof
  • Exterior features: Patio; Porch; Chain link fencing

Interior

  • Kitchen: Electric oven; Electric range
  • Flooring: Laminate flooring; Tile flooring
  • Bathrooms: 1 full bathroom
  • Heating & cooling: Central heating (natural gas); Central air; Ceiling fan(s)
  • Interior features: Electric oven and electric range; Ceiling fans; Central air

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/1.0-bath single-family listed at $205k.

Deal economics

  • At list price, monthly cash flow is $8 ($91/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $182k (11.3% below list).
  • Recommended offer: $182k (11.3% below list) — sets the bar for 1% rule.
  • Cap rate 6.3% vs local median 3.6% in Tyler — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

  • Location reads 75/100 on livability (#147 in TX, #4,181 nationally) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: employment C-, crime D+, commute F.
  • Tyler ISD (urban): math 39% / reading 38% proficiency, ranked #449 of 826 in TX (top 54%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 66% free/reduced lunch — lower-income household profile, screen leases tightly.
  • Zoned schools: Clarkston El (math 27% / reading 32%, grade F, #2,525 of 4,322 statewide, top 62%, 363 students, 81% FRL); Hubbard Middle (math 47% / reading 45%, grade D+, #462 of 1,662 statewide, top 28%, 869 students, 62% FRL); Tyler Legacy H S (math 34% / reading 49%, grade F, #767 of 1,632 statewide, top 47%, 2,594 students, 58% FRL) — zoned schools at 67% FRL track the district average.
  • Market conditions: Rents rising (+3.7%/yr); 327 active listings in the ZIP; 22 comparable units currently listed for rent nearby; rentals at typical pace (median 22d on market — plan ~3-4 weeks tenant-placement turnaround); 595 units permitted in Smith County in 2024 (45 in 5+ unit buildings).
  • This rent runs 33% of the median local income ($66k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $6k of value loss. Plan a longer hold.
  • Smith County population projected at +24% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

  • It's been on market 24 days — a 2% lower offer ($202k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

  • Watch-outs: built in 1955 — expect roof / HVAC / electrical / plumbing capex.
  • Climate carrying-cost: major wind risk, 60% chance of damaging wind over 30y; extreme-heat days projected 7→26/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $181,892 (11.3% below list)

Questions for the listing agent

  1. Built in 1955 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  3. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
  4. Crime grade is D in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
  5. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
  6. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
  7. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
  8. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

1% rule
0.89%
Cap rate
6.34%
Cash-on-cash
0.16%
DSCR
1.01
GRM
9.4

CMA / ARV

ARV (on-the-fly)
$177,216
Comps found
3
Show comp detail 3 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
3801 Old Troup Hwy 0.30mi 3/1.0 1,394 (+12%) 20mo $178,200 $128 50
1703 E Barbara St 0.72mi 3/2.0 1,313 (+5%) 10mo $279,900 $213 45
2501 Villa Ct 0.63mi 2/2.5 (-1) 1,409 (+13%) 8mo $199,500 $142 31

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 3.66% rent growth · sell at horizon

5-year hold
IRR
-15.3%
Equity multiple
0.45×
Total profit
$-31,484
Equity at exit
$30,566
10-year hold
IRR
-5.6%
Equity multiple
0.62×
Total profit
$-21,592
Equity at exit
$17,725

Cash invested: $57,400 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

Overall (STATE)
87 Strongly Landlord-Friendly
State Texas
87 Strongly Landlord-Friendly · R+5
County
— inherits STATE
City
— inherits STATE
3-day notice; statewide preemption; one of the fastest eviction climates; Travis County (Austin) slightly slower.

ZIP-level market 75701

Rents YoY
3.7%
Active inventory
327
Price-to-rent
9.4×

Monthly cashflow live

Estimated rent
$1,819 high interval (Pro) →
Mortgage (P&I)
$1,075
Tax from tax record
$269 /mo · $3,227/yr
Insurance
$85
HOA
$0
Vacancy / Maint / Mgmt
$382
Net cashflow
$8

Break-even live

Break-even rent $1,809
Max offer price $205,000
Occupancy floor 95%

Sensitivity live

Price -10% $124 -5% $66 +0% $8 +5% $-50 +10% $-108
Rent -10% $-136 -5% $-64 +0% $8 +5% $79 +10% $151
Rate -1.0pp $111 -0.5pp $60 base $8 +0.5pp $-46 +1.0pp $-100

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

Down payment
$51,250
Closing costs
$6,150
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 22 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
3038 Santa Elena Dr Tyler, TX 3.0 2.0 1305 $2,485 $1.90 14d 1 0.13mi
3032 Santa Elena Dr Tyler, TX 3.0 2.0 1473 $2,485 $1.69 44d 1 0.13mi
3113 Greg Ln Tyler, TX 3.0 1.5 1157 $1,300 $1.12 14d 1 0.25mi
2725 Amy Ln Tyler, TX 2.0 1.5 1146 $1,520 $1.33 14d 1 0.33mi
3304 Golden Rd Unit 1222 Tyler, TX 2.0 2.0 811 $1,274 $1.57 44d 1 0.39mi
3304 Golden Rd Unit 1422 Tyler, TX 2.0 2.0 811 $1,274 $1.57 22d 1 0.39mi
4400 Troup Hwy Tyler, TX 1.0–2.0 1.0–2.0 744 $1,224 $1.64 14d 10 0.75mi
4418 Edinburgh Dr Tyler, TX 3.0 2.0 1407 $1,750 $1.24 44d 1 0.78mi
4309 Aberdeen Dr Tyler, TX 3.0 2.0 1219 $1,475 $1.21 44d 1 0.79mi
1909 Sybil Ln Tyler, TX 1.0–3.0 1.0–2.0 1067 $1,510 $1.42 14d 9 0.82mi
4518 Edinburgh Dr Unit 4520 Edinburgh Tyler, TX 3.0 2.0 1436 $1,425 $0.99 22d 1 0.84mi
4520 Edinburgh Dr Tyler, TX 3.0 2.0 1436 $1,425 $0.99 22d 1 0.84mi
4400 Paluxy Dr Tyler, TX 1.0–3.0 1.0–2.0 905 $1,227 $1.36 14d 60 0.93mi
4600 Paluxy Dr Tyler, TX 2.0 1.0–2.0 585 $1,006 $1.72 14d 15 1.03mi
2319 Hunter St Tyler, TX 3.0 1.0 1200 $1,225 $1.02 44d 1 1.10mi
4920 Thistle Dr Tyler, TX 3.0 1.0–2.0 775 $1,387 $1.79 14d 8 1.25mi
3629 McDonald Rd Tyler, TX 2.0 2.0 1287 $1,325 $1.03 22d 1 1.28mi
826 Wilma St Tyler, TX 3.0 2.0 1210 $1,800 $1.49 14d 1 1.33mi
1712 Redbud Ave Tyler, TX 3.0 1.5 1305 $1,475 $1.13 22d 1 1.36mi
2531 Westminster Dr Tyler, TX 3.0 2.0 1410 $1,425 $1.01 22d 1 1.41mi
1313 S Tipton Ave Tyler, TX 2.0 1.0 816 $1,200 $1.47 14d 1 1.45mi
2525 Shiloh Rd Tyler, TX 3.0–4.0 2.0 1360 $1,379 $1.01 14d 1 1.47mi

Listing history 24 events

  1. 2026-06-19
    days on market $205,000 Active 24 DOM
  2. 2026-06-18
    days on market $205,000 Active 23 DOM
  3. 2026-06-17
    pricedays on market $205,000 Active 22 DOM
  4. 2026-06-16
    days on market $219,000 Active 21 DOM
  5. 2026-06-15
    days on market $219,000 Active 20 DOM
  6. 2026-06-14
    days on market $219,000 Active 18 DOM
  7. 2026-06-13
    days on market $219,000 Active 17 DOM
  8. 2026-06-10
    days on market $219,000 Active 15 DOM
  9. 2026-06-09
    days on market $219,000 Active 14 DOM
  10. 2026-06-08
    days on market $219,000 Active 13 DOM
  11. 2026-06-07
    days on market $219,000 Active 12 DOM
  12. 2026-06-05
    days on market $219,000 Active 9 DOM
  13. 2026-06-02
    days on market $219,000 Active 7 DOM
  14. 2026-06-01
    days on market $219,000 Active 6 DOM
  15. 2026-05-31
    days on market $219,000 Active 5 DOM
  16. 2026-05-30
    days on market $219,000 Active 4 DOM
  17. 2026-05-26
    listed $219,000 Active
  18. 2023-06-20
    soldstatus
  19. 2012-08-17
    soldstatus
  20. 2010-05-06
    soldstatus
  21. 2009-05-04
    soldstatus
  22. 2007-10-01
    soldstatus
  23. 2007-03-20
    soldstatus
  24. 1990-08-10
    soldstatus

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast TX · Resets to sale price

Current annual tax
$3,227 · $269/mo
Projected year-2 tax
$3,752 · $313/mo
Expected delta
+$525/yr (+$44/mo · 16.3%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

  • 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
  • 🔥 Wildfire 2/10 Low
  • 🌡 Heat 7/10 Severe 7 d/yr ≥109°F today · 26 d/yr by 30 yrs out
  • 💨 Wind 6/10 Major 60% chance of damaging wind over 30 yrs
  • 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$21,827
− Mortgage interest
−$11,483
− Property taxes
−$3,227
− Insurance
−$1,025
− Repairs & maintenance
−$1,746
− Management
−$1,746
− Depreciation
−$5,964
Taxable loss
−$3,364
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$807
After-tax cash flow
$899/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

District
Tyler ISD
NCES district ID
4843470
Math proficiency
39% ▼ -4.00%
Reading proficiency
38% ▼ -1.00%
Median HH income
$44,090
Composite
32.69/100
National rank
#5650
State rank
#449 of 826 in TX

Livability — Tyler

Score
75/100
State rank
#147
US rank
#4181

Category grades

Amenities C+ Commute F Cost of living A+ Crime D+ Employment C- Housing A+ Health & safety A+ User ratings C+

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Tyler, TX
County
Smith County · 180,570 people
City population
127,842
Metro
Tyler, TX
Population (ZIP)
36,344
Household income
$66,401
Rent vs Own
40.0% rent · 60.0% own
Severe rent burden
1116.0

Population outlook (Smith County) Hauer SSP2

Today (2025)
248,890 people
By 2030
261,665 · +5.1%
By 2040
286,114 · +15.0%
By 2050
308,006 · +23.8%
By 2075
354,171 · +42.3%
By 2100
372,828 · +49.8%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Diverse neighborhood (Simpson 0.64)
Race & ethnicity
White 53% Black 21% Hispanic / Latino 19% Two or more races 8% Asian 2%
Hispanic origin (detail)
Mexican 17%
Common ancestry
Slovak 2% Italian 1% Lithuanian 1%
Foreign-born
8% · Canada
Languages at home
84% English-only · Spanish 14% Other Indo-European 1%

Political lean MEDSL · Smith

2024 margin
Solid R (+45.1) · D 27.0% · R 72.1%
2008→2024 swing
-5.6pp toward R · 2008: -39.5pp · 2024: -45.1pp
All cycles
2024: R+45.1 2020: R+39.4 2016: R+43.9 2012: R+46.9 2008: R+39.5

Not yet ingested

Civics

Market trends

HPI YoY
▼ -299.78%
Current HPI
207.238
Rent YoY
▲ 3.66%
Metro
Tyler, TX
State GDP YoY
▲ 3.95%
F500 in state
110

Industry mix (Fortune 500 HQ in TX)

Industry F500 HQs Revenue

Price history

8 events — show timeline
  • 2026-05-26 Listed $219,000 GTAR
  • 2023-06-20 Sold (Public Records) Public Records
  • 2012-08-17 Sold (Public Records) Public Records
  • 2010-05-06 Sold (Public Records) Public Records
  • 2009-05-04 Sold (Public Records) Public Records
  • 2007-10-01 Sold (Public Records) Public Records
  • 2007-03-20 Sold (Public Records) Public Records
  • 1990-08-10 Sold (Public Records) Public Records

Property tax history

+6.0%/yr

Latest (2024): $3,227 · +1.4% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…