3616 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 3616 Sheridon Dr, North Richland Hills, TX, 76117 listed at $320,000 pairs $2,189/mo rent with a $1,566/mo payment. Total monthly income runs $2,189/mo. Return on cash invested measures 18.93% in year one, and rental yield registers 8.21% at a $320,000 basis. Equity gained on principal adds $2,065/yr, and annual property appreciation at 5% supports $88,410 by year five. Five-year ROI tracks 98.83% and total cumulative return in cash totals $104,835. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,189/mo property income relative to a $1,566/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
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: Monica Wofford • Wofford Realty
Mls Name: NTREIS
Mls ID: #21017070