110 Penny LnAthensTX75751
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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 110 Penny Ln, Athens, TX, 75751 priced at $332,500 pairs $1,370/mo rent with after a $1,627/mo payment. Total monthly income equals $1,370/mo. Return on cash invested is 9.09% in year one, and rental yield stands at 4.94% on a $332,500 basis. Equity gained on principal adds $2,146/yr, and 5% annual appreciation accumulates to $91,864 by year five. Five-year ROI measures 46.01% and total cumulative return in cash reaches $50,716. For financing, Ziffy Mortgage’s DSCR program evaluates $1,370/mo property income against a $1,627/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1977
0.92 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
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Listed by: Jason Echols • Echols Real Estate Assoc. LLC
Mls Name: NTREIS
Mls ID: #20687988
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.