4775 Fm 2947GreenvilleTX75402
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 4775 Fm 2947, Greenville, TX, 75402 uses $114,832 cash to close to unlock $10,982/yr annual cash flow and $915/mo monthly cash flow. Total monthly income runs $3,378/mo, and a $1,695/mo payment keeps the spread at $915/mo. Purchase price stands at $346,400, and rental yield measures 11.7% with $3,378/mo rent. Return on cash invested shows 29.47% in year one, and 5% annual appreciation builds toward $95,704 over five years. Five-year ROI reaches 155.36% and total cumulative return in cash records $178,404. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,378/mo property income covering a $1,695/mo payment rather than investor’s personal income.
Single Family
Built in 2007
0.87 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tricia Claiborne • Huggins Realty
Mls Name: NTREIS
Mls ID: #20664865
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.