110 Norma CirGreenvilleTX75402
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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 Greenville at 110 Norma Cir, Greenville, TX, 75402 priced at $199,900 converts $1,778/mo rent into $357/mo cash flow after a $978/mo obligation. Total monthly income equals $1,778/mo, and annual cash flow totals $4,283/yr on $66,267 invested. Return on cash invested prints 26.37% in year one, and rental yield reads 10.67% against a $199,900 entry. Equity gained on principal adds $1,290/yr, while 5% annual appreciation compiles into $55,229 by year five. Five-year ROI reaches 138.69% and total cumulative return in cash sums $91,909. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,778/mo property income covering a $978/mo payment, not borrower’s personal income.
Single Family
Built in 1975
0.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75402, Greenville, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,540 (100%) |
| Owner Occupied HU | 5,949 (62.4%) |
| Renter Occupied HU | 2,880 (30.2%) |
| Vacant Housing Units | 711 ( 7.5%) |
| Median Home Value | $277,345 |
| Average Home Value | $330,083 |
Housing Distribution
Address Breakdown
Residential
8,938
Single Family
7,519
Multi-Family
1,419
Businesses
709
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Listed by: Brian Hudgeons • RE/MAX Four Corners
Mls Name: NTREIS
Mls ID: #20963068