The Nokota 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
Investment property for sale in Sherman at The Nokota Plan, Washington Meadows, Sherman, TX, 75092 uses $100,942 cash to close to unlock $5,148/yr annual cash flow and $429/mo monthly cash flow. Total monthly income runs $2,594/mo, and a $1,490/mo payment keeps the spread at $429/mo. Purchase price stands at $304,500, and rental yield measures 10.22% with $2,594/mo rent. Return on cash invested shows 25.01% in year one, and 5% annual appreciation builds toward $84,128 over five years. Five-year ROI reaches 131.45% and total cumulative return in cash records $132,693. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,594/mo property income covering a $1,490/mo payment rather than investor’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
