801 Mohawk, Cherokee, TX, 76832 | 5.59% Rental Yield

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801 Mohawk, Cherokee, TX, 76832 | 5.59% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Cherokee at 801 Mohawk, Cherokee, TX, 76832 earns from $2,003/mo rent with a $2,105/mo payment. Total monthly income totals $2,003/mo. ROI tracks 11.03% on current figures, and rental yield reads 5.59% at a $430,000 purchase. Equity gained on principal adds $2,775/yr, and 5% annual appreciation supports $118,801 over five years. Five-year ROI reaches 56.41% and total cumulative return in cash sums $80,415. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,003/mo property income instead of your personal income.

Single Family

Built in 1900

5 Acres lot

$N/A/sqft

No HOA

More details about the property

Southern Victorian Nestled on 5+/- tranquil acres in charming Cherokee, Texas, this exquisite Southern Victorian home is a dream come true. With 2366+/- square feet, the property features 4 spacious bedrooms and 2 bathrooms, including a sunroom that floods the interior with natural light. The large kitchen boasts custom touches, complemented by a utility room, pantry, and a cozy nook ideal for dining or a home office. You'll love the elegance of tall ceilings, wood and tile floors, and the warmth of 3 fireplaces. An upstairs bedroom and storage add even more functionality, while the wraparound porch invites you to soak in the serene views. Outside, this property has it all: an older barn, a chicken house, a cellar, and towering live oaks with inviting sitting areas. The perimeter showcases nearly new fences, and a water well provides a reliable resource. This picturesque setting harmonizes country charm with everyday convenience! **An additional 6+/- acres and another well can be added to this property.

Neighborhood Data

Neighborhood data shown for ZIP Code: 76832, Cherokee, TX area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	292 (100%)
Owner Occupied HU	163 (55.8%)
Renter Occupied HU	57 (19.5%)
Vacant Housing Units	72 (24.7%)
Median Home Value	$212,500
Average Home Value	$389,632