3045 Barling 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 3045 Barling St, Greenville, TX, 75401 uses $95,804 cash to close to unlock $3,905/yr annual cash flow and $325/mo monthly cash flow. Total monthly income runs $2,381/mo, and a $1,415/mo payment keeps the spread at $325/mo. Purchase price stands at $289,000, and rental yield measures 9.89% with $2,381/mo rent. Return on cash invested shows 23.98% in year one, and 5% annual appreciation builds toward $79,845 over five years. Five-year ROI reaches 125.94% and total cumulative return in cash records $120,650. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,381/mo property income covering a $1,415/mo payment rather than investor’s personal income.
Single Family
Built in 2022
4,791 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: Dee Evans • Coldwell Banker Apex, REALTORS
Mls Name: NTREIS
Mls ID: #21074677