1176 E Oval DrAthensTX75751
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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 1176 E Oval Dr, Athens, TX, 75751 priced at $360,000 converts $3,550/mo rent into $990/mo cash flow after a $1,762/mo obligation. Total monthly income equals $3,550/mo, and annual cash flow totals $11,880/yr on $119,340 invested. Return on cash invested prints 29.86% in year one, and rental yield reads 11.83% against a $360,000 entry. Equity gained on principal adds $2,323/yr, while 5% annual appreciation compiles into $99,461 by year five. Five-year ROI reaches 157.42% and total cumulative return in cash sums $187,869. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,550/mo property income covering a $1,762/mo payment, not borrower’s personal income.
Single Family
Built in 1988
0.35 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: Tina Rummel • McAtee Realty, Inc.
Mls Name: NTREIS
Mls ID: #20609484
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.