1104 Glendon DrForneyTX75126
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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 1104 Glendon Dr, Forney, TX, 75126 uses $152,490 cash to close to unlock $14,836/yr annual cash flow and $1,236/mo monthly cash flow. Total monthly income runs $4,547/mo, and a $2,251/mo payment keeps the spread at $1,236/mo. Purchase price stands at $460,000, and rental yield measures 11.86% with $4,547/mo rent. Return on cash invested shows 29.64% in year one, and 5% annual appreciation builds toward $127,090 over five years. Five-year ROI reaches 156.35% and total cumulative return in cash records $238,417. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,547/mo property income covering a $2,251/mo payment rather than investor’s personal income.
Single Family
Built in 2011
10,018 sqft lot
$N/A/sqft
$480 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: Kevin Alaimo • StarCrest Realty
Mls Name: NTREIS
Mls ID: #20728838
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.