723 E Cherry StShermanTX75090
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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 723 E Cherry St, Sherman, TX, 75090 at $161,250 posts ROI 29.37% with $422/mo cash flow from $1,568/mo rent. Total monthly income equals $1,568/mo, and annual cash flow records $5,059/yr on $53,454 to close. Return on cash invested measures 29.37% and rental yield reads 11.67% at the current $161,250. Equity gained on principal adds $1,041/yr, and 5% annual appreciation supports $44,550 by year five. Five-year ROI prints 154.83% and total cumulative return in cash totals $82,762.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,568/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1930
7,013 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75090, Sherman, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,606 (100%) |
| Owner Occupied HU | 5,791 (54.6%) |
| Renter Occupied HU | 3,748 (35.3%) |
| Vacant Housing Units | 1,067 (10.1%) |
| Median Home Value | $234,733 |
| Average Home Value | $309,667 |
Housing Distribution
Address Breakdown
Residential
9,743
Single Family
8,913
Multi-Family
830
Businesses
1,352
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