3516 London LnRichland 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 3516 London Ln, Richland Hills, TX, 76118 offers $1,753/mo rent that, after a $1,273/mo payment. Total monthly income is $1,753/mo. Return on cash invested measures 18.57% in year one, and rental yield stands at 8.09% at a $260,000 entry. Equity gained on principal adds $1,678/yr while 5% annual appreciation compounds into $71,833 by year five. Five-year ROI records 96.88% and total cumulative return in cash reaches $83,501. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,753/mo property income versus a $1,273/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1954
0.32 Acres 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: Jeff Richardson • All City Real Estate, Ltd. Co.
Mls Name: NTREIS
Mls ID: #20901766
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.