3601 Scranton DrRichland HillsTX76118
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Nearby investment properties with comparable prices
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 3601 Scranton Dr, Richland Hills, TX, 76118 earns $1,733/mo cash flow from $4,357/mo rent with a $1,806/mo payment. Total monthly income totals $4,357/mo, and annual cash flow totals $20,797/yr on $122,324 capital. ROI tracks 36.91% on current figures, and rental yield reads 14.17% at a $369,000 purchase. Equity gained on principal adds $2,381/yr, and 5% annual appreciation supports $101,948 over five years. Five-year ROI reaches 195.25% and total cumulative return in cash sums $238,839. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,357/mo property income instead of your personal income.
Single Family
Built in 1955
0.34 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: Debbie Patterson • Realty Executives DFW Eagle Mt
Mls Name: NTREIS
Mls ID: #20961687