








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


Rental property for sale in Richland Hills at 3108 Cedar Park Blvd, Richland Hills, TX, 76118 offers $2,016/mo rent that, after a $1,322/mo payment, leaves $96/mo cash flow. Total monthly income is $2,016/mo, and annual cash flow is $1,146/yr on $89,505 cash. Return on cash invested measures 21.19% in year one, and rental yield stands at 8.96% at a $270,000 entry. Equity gained on principal adds $1,742/yr while 5% annual appreciation compounds into $74,596 by year five. Five-year ROI records 110.94% and total cumulative return in cash reaches $99,301. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,016/mo property income versus a $1,322/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1951
7,230 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 |
|---|---|---|
| 2024-09-30 | Price change | $270,000 |
| 2024-07-18 | Listing removed | N/A |
| 2024-06-04 | Price change | $1,995 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-23 | $3985.52 | 75.00% | $178,967 | 88.39% |
| 2022-10-23 | $2277.42 | -3.34% | $95,000 | N/A |
| 2021-10-23 | $2356.14 | -1.87% | $95,000 | N/A |



Listed by: Zachary Sadeghian • 1st Brokerage
Mls Name: NTREIS
Mls ID: #20736047
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.