500 Brooke StGreenvilleTX75402
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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 500 Brooke St, Greenville, TX, 75402 offers a 10.32% rental yield on a $399,000 purchase with $3,431/mo rent. Total monthly income registers $3,431/mo, and a $1,953/mo payment leaves $594/mo available for distribution. Annual cash flow reaches $7,123/yr on $132,269 to close, and return on cash invested stands at 25.29% in year one. Equity gained on principal adds $2,575/yr while 5% annual appreciation supports $110,236 over five years. Portfolio math shows five-year ROI at 132.93% and total cumulative return in cash at $175,826. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,431/mo property income against a $1,953/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2014
0.25 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: Stacie Noble • Coldwell Banker Apex, REALTORS
Mls Name: NTREIS
Mls ID: #21005502