2154 Charming Forge RdForneyTX75126
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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
Rental property for sale in Forney at 2154 Charming Forge Rd, Forney, TX, 75126 priced at $449,800 converts $3,820/mo rent into $559/mo cash flow after a $2,202/mo obligation. Total monthly income equals $3,820/mo, and annual cash flow totals $6,710/yr on $149,109 invested. Return on cash invested prints 24.41% in year one, and rental yield reads 10.19% against a $449,800 entry. Equity gained on principal adds $2,902/yr, while 5% annual appreciation compiles into $124,271 by year five. Five-year ROI reaches 128.39% and total cumulative return in cash sums $191,439. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,820/mo property income covering a $2,202/mo payment, not borrower’s personal income.
Single Family
Built in 2022
7,405 sqft lot
$N/A/sqft
$741 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: Dina Verteramo • Dina Verteramo
Mls Name: NTREIS
Mls ID: #20925540
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.