653 Brockwell BndForneyTX75126
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
Investment Highlights
Investment property for sale in Forney at 653 Brockwell Bnd, Forney, TX, 75126 offers a 10.61% rental yield on a $405,000 purchase with $3,580/mo rent. Total monthly income registers $3,580/mo, and a $1,982/mo payment leaves $700/mo available for distribution. Annual cash flow reaches $8,403/yr on $134,258 to close, and return on cash invested stands at 26.17% in year one. Equity gained on principal adds $2,613/yr while 5% annual appreciation supports $111,894 over five years. Portfolio math shows five-year ROI at 137.63% and total cumulative return in cash at $184,778. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,580/mo property income against a $1,982/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2023
6,011 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices