617 Cherokee TrceAthensTX75751
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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 617 Cherokee Trce, Athens, TX, 75751 earns $591/mo cash flow from $2,119/mo rent with a $1,052/mo payment. Total monthly income totals $2,119/mo, and annual cash flow totals $7,088/yr on $71,239 capital. ROI tracks 29.86% on current figures, and rental yield reads 11.83% at a $214,900 purchase. Equity gained on principal adds $1,387/yr, and 5% annual appreciation supports $59,373 over five years. Five-year ROI reaches 157.42% and total cumulative return in cash sums $112,146. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,119/mo property income instead of your personal income.
Single Family
Built in 1985
0.84 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: Nona Burke • eXp Realty, LLC-Tyler
Mls Name: GTARMLS
Mls Provider:
Mls ID: #24006176
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed to be reliable but not guaranteed.