4706 Indio LnShermanTX75092
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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 4706 Indio Ln, Sherman, TX, 75092 priced at $450,000 pairs $2,868/mo rent with after a $2,203/mo payment. Total monthly income equals $2,868/mo. Return on cash invested is 17.07% in year one, and rental yield stands at 7.65% on a $450,000 basis. Equity gained on principal adds $2,904/yr, and 5% annual appreciation accumulates to $124,327 by year five. Five-year ROI measures 88.87% and total cumulative return in cash reaches $132,570. For financing, Ziffy Mortgage’s DSCR program evaluates $2,868/mo property income against a $2,203/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2019
6,795 sqft lot
$N/A/sqft
$250 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: Janet Richardson • Tracy Realty
Mls Name: NTREIS
Mls ID: #20831460
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.