1712 Gracehill WayForneyTX75126
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 1712 Gracehill Way, Forney, TX, 75126 in Forney hard to pass up. The 18.58% gross yield on a $429,990 purchase results in $6,659/mo in rent and $3,539/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (3.44). Annual cash flow of $42,469, five-year appreciation of $118,798, and $3,960/yr in equity build-up combine for a projected total cumulative return of $392,753.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 18.6% | 6.1% |
| Monthly Cash Flow | $3,539 | $420 |
City averages based on Forney market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $6,659 |
| Total Monthly Debt Service | $2,949 |
| DSCR Ratio | 2.26x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2024
6,534 sqft lot
$N/A/sqft
$62 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 2024
6,534 sqft lot
$N/A/sqft
$62 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices