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Greenville, TX Investment Data and Rental Metrics
Investment Data & Rental Metrics
LTR & STR financial performance, market growth indicators, and school ratings.
LTR Financial Performance
Median Price
LTR Rent
$1,479
Monthly Cash Flow
-$346
Principal + Equity
$2,009
Annual Total Gain
$19,963
Cash on Cash
-6.79%
Net ROI %
STR Financial Performance
Median Price
Avg. Daily Rate
$154
Occupancy Rate
50%
Monthly Revenue
$1,495
Monthly Cash Flow
-$554
Principal + Equity
$2,009
Annual Total Gain
$17,469
Cash on Cash %
-10.87%
Net ROI %
Market Health & Growth
Median Income
$63,574
Population
29,936
LTR Renter %
47.96%
Forecast (1 yr)
0.15%
Appreciation (1 yr)
-3.05%
Appreciation (5 yr)
37.73%
Appreciation (10 yr)
135.48%
Job Growth
-0.12%
LTR Rentability
High
STR Demand
54
STR Rentals
68
Top Public Schools
A-Frances & Jeannette Lee Elementary School
A-Caddo Mills High School
B
B
B-
Market Grades and Information
Best Places to Live Ranking
Public school quality, cost of living, commute, and lifestyle ratings.
C
Overall
Top-level market grade
Best Places to Retire in Texas
#358out of 706 markets
Most Diverse Places to Live in Texas
#184out of 1052 markets
Places with the Lowest Cost of Living in Texas
#489out of 1050 markets
C
Public School
D
Crime And Safety
C
Housing
B-
Nightlife
C
Good For Families
Diversity
Jobs
Weather
Cost Of Living
Health And Fitness
Outdoor Activities
Commute
Short-Term Rental (STR) Regulations
Local rules and guidelines for operating short-term rentals in Greenville, TX.
In Greenville, TX, Short Term Rentals (STRs) are subject to regulations set forth by the city government. Investors looking to purchase a property for STR purposes should be aware of the following regulations:
1. Zoning Restrictions: Greenville has specific zoning regulations that dictate where STRs are allowed to operate. Investors should ensure that the property they are considering purchasing is located in a zone that permits short term rentals.
2. Permitting and Licensing: STR operators in Greenville are required to obtain a permit or license from the city government in order to legally operate. Investors should familiarize themselves with the application process and any fees associated with obtaining a permit.
3. Occupancy Limits: Greenville may have occupancy limits in place for STR properties, which dictate the maximum number of guests allowed to stay in the rental at any given time. Investors should ensure that the property they are considering purchasing complies with these limits.
4. Safety and Building Codes: Greenville may have specific safety and building code requirements that STR properties must adhere to. Investors should ensure that the property meets these requirements in order to ensure the safety of guests and compliance with local regulations.
5. Taxation: Investors should be aware of any local taxes that may apply to STR properties in Greenville. This may include occupancy taxes, sales taxes, or other fees that must be collected and remitted to the city government.
By being aware of and complying with these regulations, investors can ensure that their investment in a Short Term Rental property in Greenville, TX is successful and in compliance with local laws.
Market Trends Over Time
Explore 25 years of market data for Greenville, TX, including median property prices, long-term rental rates, and days on market — identify growth potential and gauge market stability.
Median Price
Median Rent
Days on Market
Nearest Markets
Explore nearby investment markets close to Greenville, TX.
The LTR Genie Score of Greenville, TX is 73, indicating a high level of potential for long-term rental investment. This is supported by the high LTR Rentability and LTR Net ROI of 32.66%. On the other hand, the STR Genie Score of 42 suggests that the market may not be as favorable for short-term rental investment, as indicated by the lower STR Net ROI of 28.58% and STR Occupancy rate of 50.0.
Greenville, TX is a growing market with a stable 1-Year Price Appreciation Forecast of 0.15%. This suggests that while short-term rental investment may not be as lucrative in this market, long-term rental investment could provide a solid return on investment. With a high LTR Genie Score and positive metrics for long-term rental investment, Greenville, TX appears to be an attractive market for real estate investors looking to generate steady rental income.
LTR Genie Score 84
$157,500
🛏 2 Beds🛁 2.0000 Baths🏙 1,550 sqft.🏠 SINGLE FAMILY
