3517 Forney RdDallasTX75223
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe income profile at 3517 Forney Rd, Dallas, TX, 75223 in Dallas is straightforward: $160,580 in, $1,642/mo in rent, $423/mo out after debt service. The 12.27% gross yield and 2.27 DSCR make this exactly the kind of asset Ziffy Mortgage finances for non-U.S. residents without income documentation. Appreciation at 5%/yr adds $44,365 by year five. With $1,479/yr in principal equity, the total cumulative return is projected at $89,150.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.3% | 6.5% |
| Monthly Cash Flow | $423 | $450 |
City averages based on Dallas market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,642 |
| Total Monthly Debt Service | $1,155 |
| DSCR Ratio | 1.42x |
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 1955
4,928 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75223, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,848 (100%) |
| Owner Occupied HU | 2,438 (50.3%) |
| Renter Occupied HU | 2,087 (43.0%) |
| Vacant Housing Units | 323 ( 6.7%) |
| Median Home Value | $296,154 |
| Average Home Value | $365,079 |
Housing Distribution
Address Breakdown
Residential
4,748
Single Family
3,984
Multi-Family
764
Businesses
432
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 1955
4,928 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75223, Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,848 (100%) |
| Owner Occupied HU | 2,438 (50.3%) |
| Renter Occupied HU | 2,087 (43.0%) |
| Vacant Housing Units | 323 ( 6.7%) |
| Median Home Value | $296,154 |
| Average Home Value | $365,079 |
Housing Distribution
Address Breakdown
Residential
4,748
Single Family
3,984
Multi-Family
764
Businesses
432
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices