Lenox Plan, Heath Golf and Yacht ClubForneyTX75126
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeLenox Plan, Heath Golf and Yacht Club, Forney, TX, 75126 in Forney carries a 1.56 coverage ratio, rent of $2,868/mo is 1.56 times the $1,844/mo payment. Rental yield 8.85%. That margin gives both the investor and Ziffy Mortgage's DSCR underwriting a comfortable buffer at a $388,990 acquisition price. No U.S. credit or income documentation required. Five-year appreciation adds $107,471; total projected cumulative return: $133,298.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.9% | 6.1% |
| Monthly Cash Flow | $(148) | $420 |
City averages based on Forney market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $2,868 |
| Total Monthly Debt Service | $2,956 |
| DSCR Ratio | 0.97x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 2025
N/A lot
$N/A/sqft
$250 monthly 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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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
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Nearby investment properties with comparable prices
