1007 Mill Run RdAthensTX75751
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 Athens at 1007 Mill Run Rd, Athens, TX, 75751 at $349,000 posts ROI 23.9% with $384/mo cash flow from $2,866/mo rent. Total monthly income equals $2,866/mo, and annual cash flow records $4,613/yr on $115,694 to close. Return on cash invested measures 23.9% and rental yield reads 9.85% at the current $349,000. Equity gained on principal adds $2,252/yr, and 5% annual appreciation supports $96,422 by year five. Five-year ROI prints 125.45% and total cumulative return in cash totals $145,140.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,866/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1953
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75751, Athens, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,751 (100%) |
| Owner Occupied HU | 4,285 (55.3%) |
| Renter Occupied HU | 2,561 (33.0%) |
| Vacant Housing Units | 905 (11.7%) |
| Median Home Value | $214,619 |
| Average Home Value | $252,928 |
Housing Distribution
Address Breakdown
Residential
6,963
Single Family
6,143
Multi-Family
820
Businesses
1,077
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mandy Doud • Move Here Realty
Mls Name: NTREIS
Mls ID: #20575916
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.