604 W Sherman StChicoTX76431
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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 Chico at 604 W Sherman St, Chico, TX, 76431 earns $503/mo cash flow from $2,174/mo rent with a $1,150/mo payment. Total monthly income totals $2,174/mo, and annual cash flow totals $6,037/yr on $77,903 capital. ROI tracks 27.66% on current figures, and rental yield reads 11.1% at a $235,000 purchase. Equity gained on principal adds $1,516/yr, and 5% annual appreciation supports $64,926 over five years. Five-year ROI reaches 145.66% and total cumulative return in cash sums $113,476. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,174/mo property income instead of your personal income.
Single Family
Built in 1965
0.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76431, Chico, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,774 (100%) |
| Owner Occupied HU | 1,093 (61.6%) |
| Renter Occupied HU | 244 (13.8%) |
| Vacant Housing Units | 437 (24.6%) |
| Median Home Value | $278,385 |
| Average Home Value | $380,403 |
Housing Distribution
Address Breakdown
Residential
1,543
Single Family
1,543
Multi-Family
0
Businesses
116
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Listed by: Dora Andrade • INC Realty, LLC
Mls Name: NTREIS
Mls ID: #20585796
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.