6661 Fm 1615AthensTX75752
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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 6661 Fm 1615, Athens, TX, 75752 offers a 18.33% rental yield on a $330,000 purchase with $5,040/mo rent. Total monthly income registers $5,040/mo, and a $1,615/mo payment leaves $2,694/mo available for distribution. Annual cash flow reaches $32,322/yr on $109,395 to close, and return on cash invested stands at 49.46% in year one. Equity gained on principal adds $2,129/yr while 5% annual appreciation supports $91,173 over five years. Portfolio math shows five-year ROI at 262.51% and total cumulative return in cash at $287,171. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,040/mo property income against a $1,615/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2017
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75752, Athens, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,549 (100%) |
| Owner Occupied HU | 2,402 (67.7%) |
| Renter Occupied HU | 628 (17.7%) |
| Vacant Housing Units | 519 (14.6%) |
| Median Home Value | $263,065 |
| Average Home Value | $330,310 |
Housing Distribution
Address Breakdown
Residential
3,533
Single Family
3,526
Multi-Family
7
Businesses
90
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Listed by: Cayla Andrews • KW-Cedar Creek Lake Properties
Mls Name: NTREIS
Mls ID: #20700780
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.