120 Pine Ridge CirShermanTX75092
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 Sherman at 120 Pine Ridge Cir, Sherman, TX, 75092 priced at $180,000 pairs $1,383/mo rent with $103/mo cash flow after a $881/mo payment. Total monthly income equals $1,383/mo, and annual cash flow comes to $1,236/yr on $59,670 invested. Return on cash invested is 21.98% in year one, and rental yield stands at 9.22% on a $180,000 basis. Equity gained on principal adds $1,162/yr, and 5% annual appreciation accumulates to $49,731 by year five. Five-year ROI measures 115.14% and total cumulative return in cash reaches $68,705. For financing, Ziffy Mortgage’s DSCR program evaluates $1,383/mo property income against a $881/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1999
0.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75092, Sherman, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,481 (100%) |
| Owner Occupied HU | 6,768 (50.2%) |
| Renter Occupied HU | 5,661 (42.0%) |
| Vacant Housing Units | 1,052 ( 7.8%) |
| Median Home Value | $310,571 |
| Average Home Value | $339,861 |
Housing Distribution
Address Breakdown
Residential
13,201
Single Family
9,832
Multi-Family
3,369
Businesses
546
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