811 Sherwood LnBovinaTX79009
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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 Bovina at 811 Sherwood Ln, Bovina, TX, 79009 uses $75,383 cash to close to unlock $3,731/yr annual cash flow and $311/mo monthly cash flow. Total monthly income runs $1,928/mo, and a $1,113/mo payment keeps the spread at $311/mo. Purchase price stands at $227,400, and rental yield measures 10.17% with $1,928/mo rent. Return on cash invested shows 24.86% in year one, and 5% annual appreciation builds toward $62,826 over five years. Five-year ROI reaches 130.57% and total cumulative return in cash records $98,430. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,928/mo property income covering a $1,113/mo payment rather than investor’s personal income.
Single Family
Built in 1973
7,492 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79009, Bovina, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 695 (100%) |
| Owner Occupied HU | 401 (57.7%) |
| Renter Occupied HU | 211 (30.4%) |
| Vacant Housing Units | 83 (11.9%) |
| Median Home Value | $123,142 |
| Average Home Value | $177,980 |
Housing Distribution
Address Breakdown
Residential
92
Single Family
92
Multi-Family
0
Businesses
52
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