6013 Determine 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
Investment property for sale in Forney at 6013 Determine Ln, Forney, TX, 75126 uses $80,024 cash to close to unlock $4,319/yr annual cash flow and $360/mo monthly cash flow. Total monthly income runs $2,077/mo, and a $1,182/mo payment keeps the spread at $360/mo. Purchase price stands at $241,400, and rental yield measures 10.32% with $2,077/mo rent. Return on cash invested shows 25.31% in year one, and 5% annual appreciation builds toward $66,694 over five years. Five-year ROI reaches 132.99% and total cumulative return in cash records $106,426. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,077/mo property income covering a $1,182/mo payment rather than investor’s personal income.
Single Family
Built in N/A
N/A 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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