3907 Simonds 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 3907 Simonds St, Greenville, TX, 75401 with 5% annual appreciation on a $265,000 basis while $2,056/mo rent supports operations. Total monthly income totals $2,056/mo and a $1,297/mo payment preserves $172/mo for cash returns. Annual cash flow comes to $2,059/yr on $87,848 deployed, and return on cash invested reaches 22.25% in year one. Equity gained on principal adds $1,710/yr, and five-year appreciation sums $73,215 alongside rental yield of 9.31%. Five-year ROI measures 116.63% and total cumulative return in cash totals $102,459.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,056/mo property income versus a $1,297/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2023
7,579 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: Deya Chamberlain • Bradford Elite Real Estate LLC
Mls Name: NTREIS
Mls ID: #20807765
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.