812 Lakeside DrAthensTX75751
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Athens at 812 Lakeside Dr, Athens, TX, 75751 generates $2,749/mo in rent, after a $1,933/mo payment. Total monthly income is $2,749/mo. Return on cash invested sits at 19.36% in year one, and rental yield is 8.35% on a $395,000 entry. Equity gained on principal adds $2,549/yr, while 5% annual appreciation builds toward $109,131 over five years. Five-year ROI reaches 101.14% and total cumulative return in cash sums $132,438. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,749/mo property income rather than buyer’s personal income.
Single Family
Built in 1963
0.44 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Bradford Rummel • Keller Williams Rockwall
Mls Name: NTREIS
Mls ID: #20892791
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.