Meraki 60s & 70s Hws5ry Forney #HWS5RYForneyTX75126
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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 Meraki 60s & 70s Hws5ry Forney #HWS5RY, Forney, TX, 75126 priced at $483,800 converts $3,733/mo rent into $293/mo cash flow after a $2,368/mo obligation. Total monthly income equals $3,733/mo, and annual cash flow totals $3,511/yr on $160,380 invested. Return on cash invested prints 22.1% in year one, and rental yield reads 9.26% against a $483,800 entry. Equity gained on principal adds $3,122/yr, while 5% annual appreciation compiles into $133,665 by year five. Five-year ROI reaches 115.8% and total cumulative return in cash sums $185,722. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,733/mo property income covering a $2,368/mo payment, not borrower’s personal income.
Home Type Unknown
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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