1008 Hummingbird 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
Investment property for sale in Forney at 1008 Hummingbird Ct, Forney, TX, 75126 uses $157,463 cash to close to unlock $7,762/yr annual cash flow and $647/mo monthly cash flow. Total monthly income runs $4,292/mo, and a $2,325/mo payment keeps the spread at $647/mo. Purchase price stands at $475,000, and rental yield measures 10.84% with $4,292/mo rent. Return on cash invested shows 24.84% in year one, and 5% annual appreciation builds toward $131,234 over five years. Five-year ROI reaches 131.22% and total cumulative return in cash records $206,623. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,292/mo property income covering a $2,325/mo payment rather than investor’s personal income.
Single Family
Built in 2017
0.25 Acres lot
$N/A/sqft
$400 annually 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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Listed by: Keegan Mueller • INC Realty LLC
Mls Name: NTREIS
Mls ID: #20812079
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.