2720 Cedar Park BlvdRichland HillsTX76118
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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 Richland Hills at 2720 Cedar Park Blvd, Richland Hills, TX, 76118 offers $2,626/mo rent that, after a $1,316/mo payment, leaves $714/mo cash flow. Total monthly income is $2,626/mo, and annual cash flow is $8,567/yr on $89,140 cash. Return on cash invested measures 29.52% in year one, and rental yield stands at 11.72% at a $268,900 entry. Equity gained on principal adds $1,735/yr while 5% annual appreciation compounds into $74,292 by year five. Five-year ROI records 155.57% and total cumulative return in cash reaches $138,676. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,626/mo property income versus a $1,316/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1961
8,145 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76118, Fort Worth, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
6,239
Single Family
5,543
Multi-Family
696
Businesses
696
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Nearby investment properties with comparable prices
Listed by: Jackie Hamen Bean • The Michael Group Real Estate
Mls Name: NTREIS
Mls ID: #21105369