806 Chestnut TrlShermanTX75092
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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 806 Chestnut Trl, Sherman, TX, 75092 priced at $499,371 converts $5,399/mo rent into $1,781/mo cash flow after a $2,444/mo obligation. Total monthly income equals $5,399/mo, and annual cash flow totals $21,377/yr on $165,541 invested. Return on cash invested prints 32.82% in year one, and rental yield reads 12.97% against a $499,371 entry. Equity gained on principal adds $3,222/yr, while 5% annual appreciation compiles into $137,967 by year five. Five-year ROI reaches 173.48% and total cumulative return in cash sums $287,186. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,399/mo property income covering a $2,444/mo payment, not borrower’s personal income.
Single Family
Built in 2024
6,011 sqft lot
$N/A/sqft
$800 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: Ben Caballero • Highland Homes Realty
Mls Name: NTREIS
Mls ID: #20681449
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.