109 Carroll DrAthensTX75752
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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 Athens at 109 Carroll Dr, Athens, TX, 75752 generates $1,984/mo in rent and, after a $1,297/mo payment, leaves $100/mo in cash flow. Total monthly income is $1,984/mo, and annual cash flow is $1,195/yr on $87,848 invested. Return on cash invested sits at 21.27% in year one, and rental yield is 8.98% on a $265,000 entry. Equity gained on principal adds $1,710/yr, while 5% annual appreciation builds toward $73,215 over five years. Five-year ROI reaches 111.36% and total cumulative return in cash sums $97,827. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,984/mo property income rather than buyer’s personal income.
Single Family
Built in 1979
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75752, Athens, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,549 (100%) |
| Owner Occupied HU | 2,402 (67.7%) |
| Renter Occupied HU | 628 (17.7%) |
| Vacant Housing Units | 519 (14.6%) |
| Median Home Value | $263,065 |
| Average Home Value | $330,310 |
Housing Distribution
Address Breakdown
Residential
3,533
Single Family
3,526
Multi-Family
7
Businesses
90
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