4316 Ashmore DrNorth Richland HillsTX76180
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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 4316 Ashmore Dr, North Richland Hills, TX, 76180 offers a 10.84% rental yield on a $358,800 purchase with $3,241/mo rent. Total monthly income registers $3,241/mo, and a $1,756/mo payment leaves $690/mo available for distribution. Annual cash flow reaches $8,276/yr on $118,942 to close, and return on cash invested stands at 26.87% in year one. Equity gained on principal adds $2,315/yr while 5% annual appreciation supports $99,130 over five years. Portfolio math shows five-year ROI at 141.36% and total cumulative return in cash at $168,137. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,241/mo property income against a $1,756/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76180, North Richland Hills, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,061 (100%) |
| Owner Occupied HU | 8,037 (44.5%) |
| Renter Occupied HU | 8,782 (48.6%) |
| Vacant Housing Units | 1,242 ( 6.9%) |
| Median Home Value | $344,927 |
| Average Home Value | $380,786 |
Housing Distribution
Address Breakdown
Residential
17,028
Single Family
10,367
Multi-Family
6,661
Businesses
1,091
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Listed by: James Bransom • Bransom Real Estate
Mls Name: NTREIS
Mls ID: #21028941