1815 Boxwood DrShermanTX75092
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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
Rental property for sale in Sherman at 1815 Boxwood Dr, Sherman, TX, 75092 priced at $326,249 converts $2,160/mo rent into after a $1,597/mo obligation. Total monthly income equals $2,160/mo. Return on cash invested prints 18.13% in year one, and rental yield reads 7.94% against a $326,249 entry. Equity gained on principal adds $2,105/yr, while 5% annual appreciation compiles into $90,137 by year five. Five-year ROI reaches 94.53% and total cumulative return in cash sums $102,237. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,160/mo property income covering a $1,597/mo payment, not borrower’s personal income.
Single Family
Built in 2024
6,621 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: Lisa Hitchcock • Easy Life Realty
Mls Name: NTREIS
Mls ID: #20704398
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.