Sherman, TX Long-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Sherman, TX. Based on 15+ datapoints.
Sherman, TX Long-Term Rental Investment Snapshot
Based on 15+ long-term rental datapoints
Median Cap Rate
4.3%
Avg Cash on Cash
-9.9%
Median Cashflow
-$502/mo
Avg Rent Estimate
$1,821/mo
Avg Price
$288,269
Price Range
$124,900 - $515,000
Rent to Price
0.63%
low ratio
Positive Cashflow
11%
of analyzed properties
Recent real estate investor listings analysed as long-term rental deals in Sherman, TX
Sherman, TX is primarily an appreciation-driven market for long-term rental investors. Cap rates average 4.3%, typical of mid-to-upper tier markets where property value growth complements rental income. Investors here build equity through appreciation while rental income covers holding costs.
Based on 15+ analyzed properties, the median monthly cashflow in Sherman, TX is -$502 with average rents of $1,821/month. Properties range from $124,900 to $515,000, offering entry points across multiple investment budgets.
Sherman, TX Rental Market Insights
- •Median cashflow is -$502/month — careful deal selection is essential here
- •4.3% median cap rate is typical of appreciation-focused markets
- •At 11% positive cashflow rate, Sherman, TX requires selective property picks
- •Mid-to-upper tier market with properties from $124,900 to $515,000
- •Consider this market if your strategy favors equity growth with rental income covering holding costs