425 Ridgeview RdShermanTX75092
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 425 Ridgeview Rd, Sherman, TX, 75092 generates $2,338/mo in rent, after a $3,671/mo payment. Total monthly income is $2,338/mo. Return on cash invested sits at 5.49% in year one, and rental yield is 3.74% on a $749,999 entry. Equity gained on principal adds $4,840/yr, while 5% annual appreciation builds toward $207,211 over five years. Five-year ROI reaches 26.73% and total cumulative return in cash sums $65,945. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,338/mo property income rather than buyer’s personal income.
Single Family
Built in 2018
1.01 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices