507 Colonial 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 507 Colonial Dr, Athens, TX, 75751 with 5% annual appreciation on a $275,000 basis while $2,112/mo rent supports operations. Total monthly income totals $2,112/mo and a $1,346/mo payment preserves $156/mo for cash returns. Annual cash flow comes to $1,877/yr on $91,163 deployed, and return on cash invested reaches 21.97% in year one. Equity gained on principal adds $1,775/yr, and five-year appreciation sums $75,977 alongside rental yield of 9.22%. Five-year ROI measures 115.13% and total cumulative return in cash totals $104,951.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,112/mo property income versus a $1,346/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1963
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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