1003 Fenwick LnForneyTX75126
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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 Forney at 1003 Fenwick Ln, Forney, TX, 75126 listed at $474,990 pairs $4,440/mo rent with a $2,325/mo payment to leave $1,062/mo cash flow. Total monthly income runs $4,440/mo, and annual cash flow reaches $12,745/yr on $157,459 cash to close. Return on cash invested measures 28% in year one, and rental yield registers 11.22% at a $474,990 basis. Equity gained on principal adds $3,065/yr, and annual property appreciation at 5% supports $131,231 by year five. Five-year ROI tracks 147.48% and total cumulative return in cash totals $232,216. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,440/mo property income relative to a $2,325/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2016
9,147 sqft 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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