




A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Richland Hills at 2717 Cedar Park Blvd, Richland Hills, TX, 76118 offers a 9.66% rental yield on a $290,000 purchase with $2,335/mo rent. Total monthly income registers $2,335/mo, and a $1,419/mo payment leaves $272/mo available for distribution. Annual cash flow reaches $3,266/yr on $96,135 to close, and return on cash invested stands at 23.31% in year one. Equity gained on principal adds $1,871/yr while 5% annual appreciation supports $80,122 over five years. Portfolio math shows five-year ROI at 122.31% and total cumulative return in cash at $117,580. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,335/mo property income against a $1,419/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1962
8,189 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76118, Fort Worth, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,640 (100%) |
| Owner Occupied HU | 4,497 (67.7%) |
| Renter Occupied HU | 1,835 (27.6%) |
| Vacant Housing Units | 308 ( 4.6%) |
| Median Home Value | $335,346 |
| Average Home Value | $367,708 |
Residential
6,239
Single Family
5,543
Multi-Family
696
Businesses
696
Date | Event | Price |
|---|---|---|
| 2024-08-06 | Price change | $290,000 |
| 2024-06-04 | Listed for sale | $350,000 |
| 2012-09-27 | Sold | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-23 | $4825.54 | 8.63% | $216,687 | 16.94% |
| 2022-10-23 | $4442.01 | 32.31% | $185,293 | 36.88% |
| 2021-10-23 | $3357.25 | -1.87% | $135,365 | N/A |



Listed by: Conner Nielsen • John Hill, Broker
Mls Name: NTREIS
Mls ID: #20636038
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.