504 Auburn LnForneyTX75126
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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 504 Auburn Ln, Forney, TX, 75126 priced at $368,000 converts $2,849/mo rent into $232/mo cash flow after a $1,801/mo obligation. Total monthly income equals $2,849/mo, and annual cash flow totals $2,787/yr on $121,992 invested. Return on cash invested prints 22.19% in year one, and rental yield reads 9.29% against a $368,000 entry. Equity gained on principal adds $2,375/yr, while 5% annual appreciation compiles into $101,672 by year five. Five-year ROI reaches 116.33% and total cumulative return in cash sums $141,913. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,849/mo property income covering a $1,801/mo payment, not borrower’s personal income.
Single Family
Built in 2016
7,936 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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