405 Laurel 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 405 Laurel Dr, Greenville, TX, 75402 at $199,900 posts ROI 22.66% with $152/mo cash flow from $1,573/mo rent. Total monthly income equals $1,573/mo, and annual cash flow records $1,823/yr on $66,267 to close. Return on cash invested measures 22.66% and rental yield reads 9.44% at the current $199,900. Equity gained on principal adds $1,290/yr, and 5% annual appreciation supports $55,229 by year five. Five-year ROI prints 118.79% and total cumulative return in cash totals $78,721.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,573/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1985
0.28 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: Joanna Arnwine • RE/MAX Four Corners
Mls Name: NTREIS
Mls ID: #20903629
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.