1024 E Pecan StShermanTX75090
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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
Investment property for sale in Sherman at 1024 E Pecan St, Sherman, TX, 75090 at $155,000 posts ROI 22.46% with $109/mo cash flow from $1,212/mo rent. Total monthly income equals $1,212/mo, and annual cash flow records $1,313/yr on $51,383 to close. Return on cash invested measures 22.46% and rental yield reads 9.38% at the current $155,000. Equity gained on principal adds $1,000/yr, and 5% annual appreciation supports $42,824 by year five. Five-year ROI prints 117.81% and total cumulative return in cash totals $60,532.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,212/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1948
10,497 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75090, Sherman, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,606 (100%) |
| Owner Occupied HU | 5,791 (54.6%) |
| Renter Occupied HU | 3,748 (35.3%) |
| Vacant Housing Units | 1,067 (10.1%) |
| Median Home Value | $234,733 |
| Average Home Value | $309,667 |
Housing Distribution
Address Breakdown
Residential
9,743
Single Family
8,913
Multi-Family
830
Businesses
1,352
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Listed by: Sabrina Castle • The Henderson Realty Group,LLC
Mls Name: NTREIS
Mls ID: #20905314
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.