116 Kainos StGreenvilleTX75402
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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 116 Kainos St, Greenville, TX, 75402 priced at $267,990 converts $2,306/mo rent into $400/mo cash flow after a $1,312/mo obligation. Total monthly income equals $2,306/mo, and annual cash flow totals $4,799/yr on $88,839 invested. Return on cash invested prints 25.31% in year one, and rental yield reads 10.33% against a $267,990 entry. Equity gained on principal adds $1,729/yr, while 5% annual appreciation compiles into $74,041 by year five. Five-year ROI reaches 133.02% and total cumulative return in cash sums $118,170. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,306/mo property income covering a $1,312/mo payment, not borrower’s personal income.
Single Family
Built in 2024
5,401 sqft 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: Ben Caballero • HomesUSA.com
Mls Name: NTREIS
Mls ID: #21062222