2822 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
Investment property for sale in Richland Hills at 2822 Cedar Park Blvd, Richland Hills, TX, 76118 earns $855/mo cash flow from $2,029/mo rent with a $808/mo payment. Total monthly income totals $2,029/mo, and annual cash flow totals $10,263/yr on $54,698 capital. ROI tracks 38.67% on current figures, and rental yield reads 14.76% at a $165,000 purchase. Equity gained on principal adds $1,065/yr, and 5% annual appreciation supports $45,586 over five years. Five-year ROI reaches 204.75% and total cumulative return in cash sums $111,995. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,029/mo property income instead of your personal income.
Single Family
Built in 1951
7,230 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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Listed by: Tri Pham • eXp Realty LLC
Mls Name: NTREIS
Mls ID: #20713374
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.