802 N Sherman AveLevellandTX79336
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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 Levelland at 802 N Sherman Ave, Levelland, TX, 79336 with 5% annual appreciation on a $290,000 basis while $2,491/mo rent supports operations. Total monthly income totals $2,491/mo and a $1,419/mo payment preserves $429/mo for cash returns. Annual cash flow comes to $5,150/yr on $96,135 deployed, and return on cash invested reaches 25.27% in year one. Equity gained on principal adds $1,871/yr, and five-year appreciation sums $80,122 alongside rental yield of 10.31%. Five-year ROI measures 132.81% and total cumulative return in cash totals $127,672.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,491/mo property income versus a $1,419/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79336, Levelland, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,131 (100%) |
| Owner Occupied HU | 4,343 (60.9%) |
| Renter Occupied HU | 1,773 (24.9%) |
| Vacant Housing Units | 1,015 (14.2%) |
| Median Home Value | $147,185 |
| Average Home Value | $220,218 |
Housing Distribution
Address Breakdown
Residential
6,490
Single Family
6,371
Multi-Family
119
Businesses
643
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Listed by: Melinda Rodriguez • Novus Real Estate
Mls Name: LBMLS
Mls Provider:
Mls ID: #202417009
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.