503 Highland 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
Investment property for sale in Athens at 503 Highland Dr, Athens, TX, 75751 uses $58,013 cash to close to unlock $5,353/yr annual cash flow and $446/mo monthly cash flow. Total monthly income runs $1,691/mo, and a $857/mo payment keeps the spread at $446/mo. Purchase price stands at $175,000, and rental yield measures 11.6% with $1,691/mo rent. Return on cash invested shows 29.14% in year one, and 5% annual appreciation builds toward $48,349 over five years. Five-year ROI reaches 153.6% and total cumulative return in cash records $89,107. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,691/mo property income covering a $857/mo payment rather than investor’s personal income.
Single Family
Built in 1956
0.28 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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