100 Velvet CtForneyTX75126
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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 Forney at 100 Velvet Ct, Forney, TX, 75126 priced at $352,500 pairs $2,728/mo rent with $222/mo cash flow after a $1,725/mo payment. Total monthly income equals $2,728/mo, and annual cash flow comes to $2,659/yr on $116,854 invested. Return on cash invested is 22.18% in year one, and rental yield stands at 9.29% on a $352,500 basis. Equity gained on principal adds $2,275/yr, and 5% annual appreciation accumulates to $97,389 by year five. Five-year ROI measures 116.25% and total cumulative return in cash reaches $135,847. For financing, Ziffy Mortgage’s DSCR program evaluates $2,728/mo property income against a $1,725/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2010
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75126, Forney, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 34,284 (100%) |
| Owner Occupied HU | 27,587 (80.5%) |
| Renter Occupied HU | 4,836 (14.1%) |
| Vacant Housing Units | 1,861 ( 5.4%) |
| Median Home Value | $367,112 |
| Average Home Value | $402,384 |
Housing Distribution
Address Breakdown
Residential
32,261
Single Family
30,389
Multi-Family
1,872
Businesses
1,196
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