2714 Stonecrest 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 2714 Stonecrest St, Sherman, TX, 75092 uses $215,495 cash to close to unlock $571/yr annual cash flow and $48/mo monthly cash flow. Total monthly income runs $4,768/mo, and a $3,206/mo payment keeps the spread at $48/mo. Purchase price stands at $655,000, and rental yield measures 8.74% with $4,768/mo rent. Return on cash invested shows 20.33% in year one, and 5% annual appreciation builds toward $180,964 over five years. Five-year ROI reaches 106.39% and total cumulative return in cash records $229,259. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,768/mo property income covering a $3,206/mo payment rather than investor’s personal income.
Single Family
Built in 2024
0.28 Acres lot
$N/A/sqft
$750 annually 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: Grady Beck • EXP REALTY
Mls Name: NTREIS
Mls ID: #20567970
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.