3520 Sheridon DrNorth Richland HillsTX76117
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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 North Richland Hills at 3520 Sheridon Dr, North Richland Hills, TX, 76117 earns $613/mo cash flow from $2,669/mo rent with a $1,415/mo payment. Total monthly income totals $2,669/mo, and annual cash flow totals $7,361/yr on $95,804 capital. ROI tracks 27.59% on current figures, and rental yield reads 11.08% at a $289,000 purchase. Equity gained on principal adds $1,865/yr, and 5% annual appreciation supports $79,845 over five years. Five-year ROI reaches 145.27% and total cumulative return in cash sums $139,178. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,669/mo property income instead of your personal income.
Single Family
Built in 1957
8,755 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76117, Haltom City, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,617 (100%) |
| Owner Occupied HU | 6,697 (49.2%) |
| Renter Occupied HU | 6,211 (45.6%) |
| Vacant Housing Units | 709 ( 5.2%) |
| Median Home Value | $242,487 |
| Average Home Value | $286,749 |
Housing Distribution
Address Breakdown
Residential
11,766
Single Family
9,778
Multi-Family
1,988
Businesses
1,479
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Listed by: Linsey Taylor • Ahart Real Estate
Mls Name: NTREIS
Mls ID: #21076934