413 Redbud 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
Rental property for sale in Forney at 413 Redbud Dr, Forney, TX, 75126 offers $1,478/mo rent that, after a $1,028/mo payment. Total monthly income is $1,478/mo. Return on cash invested measures 15.38% in year one, and rental yield stands at 8.45% at a $209,950 entry. Equity gained on principal adds $1,355/yr while 5% annual appreciation compounds into $58,005 by year five. Five-year ROI records 81.36% and total cumulative return in cash reaches $56,628. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,478/mo property income versus a $1,028/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1982
7,200 sqft lot
$N/A/sqft
No 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: Robert Wells, II • StarCrest Realty
Mls Name: HAR
Mls Provider:
Mls ID: #24727507
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