Camargue Plan, Washington MeadowsShermanTX75092
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Camargue Plan, Washington Meadows, Sherman, TX, 75092 priced at $320,900 converts $2,536/mo rent into $254/mo cash flow after a $1,571/mo obligation. Total monthly income equals $2,536/mo, and annual cash flow totals $3,044/yr on $106,378 invested. Return on cash invested prints 22.77% in year one, and rental yield reads 9.48% against a $320,900 entry. Equity gained on principal adds $2,071/yr, while 5% annual appreciation compiles into $88,659 by year five. Five-year ROI reaches 119.41% and total cumulative return in cash sums $127,030. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,536/mo property income covering a $1,571/mo payment, not borrower’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
