2024 Kings Forest DrHeartlandTX75126
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
Investment Highlights
Rental property for sale in Heartland at 2024 Kings Forest Dr, Heartland, TX, 75126 generates $2,987/mo in rent and, after a $1,373/mo payment, leaves $438/mo in cash flow. Total monthly income is $2,987/mo, and annual cash flow is $5,254/yr on $93,019 invested. Return on cash invested sits at 25.56% in year one, and rental yield is 12.77% on a $280,600 entry. Equity gained on principal adds $1,811/yr, while 5% annual appreciation builds toward $77,525 over five years. Five-year ROI reaches 136.95% and total cumulative return in cash sums $127,385. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,987/mo property income rather than buyer’s personal income.
Single Family
Built in 2007
6,686 sqft lot
$N/A/sqft
$159 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