488 Klas RdShermanTX75092
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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 488 Klas Rd, Sherman, TX, 75092 priced at $1,325,000 pairs $4,279/mo rent with after a $6,485/mo payment. Total monthly income equals $4,279/mo. Return on cash invested is 5.99% in year one, and rental yield stands at 3.88% on a $1,325,000 basis. Equity gained on principal adds $8,550/yr, and 5% annual appreciation accumulates to $366,073 by year five. Five-year ROI measures 29.36% and total cumulative return in cash reaches $126,028. For financing, Ziffy Mortgage’s DSCR program evaluates $4,279/mo property income against a $6,485/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1993
13.66 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
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