3108 Nashville AveGreenvilleTX75402
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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
Rental property for sale in Greenville at 3108 Nashville Ave, Greenville, TX, 75402 offers $2,022/mo rent that, after a $1,224/mo payment, leaves $244/mo cash flow. Total monthly income is $2,022/mo, and annual cash flow is $2,926/yr on $82,875 cash. Return on cash invested measures 23.44% in year one, and rental yield stands at 9.71% at a $250,000 entry. Equity gained on principal adds $1,613/yr while 5% annual appreciation compounds into $69,070 by year five. Five-year ROI records 122.99% and total cumulative return in cash reaches $101,926. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,022/mo property income versus a $1,224/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1969
0.33 Acres 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: Tracy Hammons • AT Home Texas Real Estate
Mls Name: NTREIS
Mls ID: #21069237