1216 Wesley StGreenvilleTX75401
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Investment property for sale in Greenville at 1216 Wesley St, Greenville, TX, 75401 listed at $175,000 pairs $1,565/mo rent with a $857/mo payment to leave $320/mo cash flow. Total monthly income runs $1,565/mo, and annual cash flow reaches $3,841/yr on $58,013 cash to close. Return on cash invested measures 26.53% in year one, and rental yield registers 10.73% at a $175,000 basis. Equity gained on principal adds $1,129/yr, and annual property appreciation at 5% supports $48,349 by year five. Five-year ROI tracks 139.64% and total cumulative return in cash totals $81,007. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,565/mo property income relative to a $857/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1975
0.74 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75401, Greenville, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,704 (100%) |
| Owner Occupied HU | 3,895 (50.6%) |
| Renter Occupied HU | 3,001 (39.0%) |
| Vacant Housing Units | 808 (10.5%) |
| Median Home Value | $193,750 |
| Average Home Value | $255,573 |
Housing Distribution
Address Breakdown
Residential
8,401
Single Family
6,641
Multi-Family
1,760
Businesses
515
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Stacey Brantner • Bradford Elite Real Estate LLC
Mls Name: NTREIS
Mls ID: #21107948