305 Canyon Oaks DrGreenvilleTX75402
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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 305 Canyon Oaks Dr, Greenville, TX, 75402 with 5% annual appreciation on a $287,162 basis while $2,130/mo rent supports operations. Total monthly income totals $2,130/mo and a $1,406/mo payment preserves $87/mo for cash returns. Annual cash flow comes to $1,050/yr on $95,194 deployed, and return on cash invested reaches 21.01% in year one. Equity gained on principal adds $1,853/yr, and five-year appreciation sums $79,338 alongside rental yield of 8.9%. Five-year ROI measures 110% and total cumulative return in cash totals $104,713.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,130/mo property income versus a $1,406/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2024
N/A 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: Linda Seifert • Meritage Homes
Mls Name: Meritage Homes
Mls Provider:
Mls ID: #N/A