538 Turtle Creek 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
Rental property for sale in Greenville at 538 Turtle Creek Dr, Greenville, TX, 75402 generates $2,522/mo in rent and, after a $1,713/mo payment, leaves $33/mo in cash flow. Total monthly income is $2,522/mo, and annual cash flow is $398/yr on $116,025 invested. Return on cash invested sits at 20.25% in year one, and rental yield is 8.65% on a $350,000 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 105.92% and total cumulative return in cash sums $122,894. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,522/mo property income rather than buyer’s personal income.
Single Family
Built in 1983
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: Karen Straughan • Ebby Halliday, REALTORS
Mls Name: NTREIS
Mls ID: #21160034