1605 Buchanan DrGreenvilleTX75401
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
Rental property for sale in Greenville at 1605 Buchanan Dr, Greenville, TX, 75401 generates $1,860/mo in rent, after a $1,390/mo payment. Total monthly income is $1,860/mo. Return on cash invested sits at 17.51% in year one, and rental yield is 7.86% on a $283,900 entry. Equity gained on principal adds $1,832/yr, while 5% annual appreciation builds toward $78,436 over five years. Five-year ROI reaches 91.3% and total cumulative return in cash sums $85,929. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,860/mo property income rather than buyer’s personal income.
Single Family
Built in 2023
6,751 sqft lot
$N/A/sqft
$350 annually 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: Patty Turner • Keller Williams Rockwall
Mls Name: NTREIS
Mls ID: #20867129
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.