Austin Plan, Stonewood EstatesGreenvilleTX75402
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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 Austin Plan, Stonewood Estates, Greenville, TX, 75402 priced at $398,900 converts $3,925/mo rent into $1,056/mo cash flow after a $1,952/mo obligation. Total monthly income equals $3,925/mo, and annual cash flow totals $12,669/yr on $132,235 invested. Return on cash invested prints 29.49% in year one, and rental yield reads 11.81% against a $398,900 entry. Equity gained on principal adds $2,574/yr, while 5% annual appreciation compiles into $110,209 by year five. Five-year ROI reaches 155.54% and total cumulative return in cash sums $205,674. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,925/mo property income covering a $1,952/mo payment, not borrower’s personal income.
Single Family
Built in 2024
N/A lot
$N/A/sqft
$33 monthly 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: N/A • Scott Ellis Homes
Mls Name: Scott Ellis Homes
Mls ID: #N/A