803 Tippit LnGreenvilleTX75402
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 803 Tippit Ln, Greenville, TX, 75402 at $299,000 posts ROI 26.13% with $514/mo cash flow from $2,640/mo rent. Total monthly income equals $2,640/mo, and annual cash flow records $6,171/yr on $99,119 to close. Return on cash invested measures 26.13% and rental yield reads 10.6% at the current $299,000. Equity gained on principal adds $1,929/yr, and 5% annual appreciation supports $82,608 by year five. Five-year ROI prints 137.46% and total cumulative return in cash totals $136,246.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,640/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2023
5,924 sqft 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: Jill Tatum • Monument Realty
Mls Name: NTREIS
Mls ID: #21131392