Is Forney, TX a good place to invest in rental property?

Forney, TX has a median modeled monthly cash flow of $-681 and a median cap rate of 4.1%, on a median sold price of $344,990. Prices changed -4.3% year over year.

What is the average cap rate in Forney, TX?

The median cap rate across recently sold homes in Forney, TX is 4.1%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Forney, TX?

The median sold price in Forney, TX is $344,990 (about $157 per square foot).

Investing in Forney, TX Real Estate

A data-driven snapshot of the Forney, TX rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$344,990Median sold price

$157Median $/sqft

4.1%Median cap rate

$-681Modeled cash flow / mo

-4.3%Appreciation YoY

12.2Months of supply

1,352Active listings

1,329Sold (last 12 mo)

What the Forney numbers say

In Forney, TX, the median home sold for $344,990 (about $157 per square foot), and the typical deal models out to a 4.1% cap rate with a median $-681 of monthly cash flow. Sold prices moved -4.3% over the past year. Inventory sits at about 12.2 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Texas markets to compare

See Forney cash-flowing listings

CashFlowRE ranks every for-sale home in Forney, TX by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Forney deals, or browse the national market data.