2312 Pace StGreenvilleTX75401
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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
Investment property for sale in Greenville at 2312 Pace St, Greenville, TX, 75401 listed at $269,000 pairs $2,216/mo rent with a $1,317/mo payment to leave $303/mo cash flow. Total monthly income runs $2,216/mo, and annual cash flow reaches $3,633/yr on $89,174 cash to close. Return on cash invested measures 23.98% in year one, and rental yield registers 9.89% at a $269,000 basis. Equity gained on principal adds $1,736/yr, and annual property appreciation at 5% supports $74,320 by year five. Five-year ROI tracks 125.92% and total cumulative return in cash totals $112,283. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,216/mo property income relative to a $1,317/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2022
6,795 sqft 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
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Listed by: Linda Acosta • Texas Premier Realty
Mls Name: NTREIS
Mls ID: #21160464