1807 N Wharton StShermanTX75092
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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 Sherman at 1807 N Wharton St, Sherman, TX, 75092 earns $1,298/mo cash flow from $3,040/mo rent with a $1,199/mo payment. Total monthly income totals $3,040/mo, and annual cash flow totals $15,575/yr on $81,218 capital. ROI tracks 39.09% on current figures, and rental yield reads 14.89% at a $245,000 purchase. Equity gained on principal adds $1,581/yr, and 5% annual appreciation supports $67,689 over five years. Five-year ROI reaches 206.88% and total cumulative return in cash sums $168,024. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,040/mo property income instead of your personal income.
Single Family
Built in 1975
8,851 sqft 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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Listed by: Donna Brown • EBBY HALLIDAY, REALTORS
Mls Name: NTREIS
Mls ID: #20644623
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.