5600 Cancun 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
Rental property for sale in North Richland Hills at 5600 Cancun Dr, North Richland Hills, TX, 76180 priced at $269,775 pairs $3,024/mo rent with $995/mo cash flow after a $1,320/mo payment. Total monthly income equals $3,024/mo, and annual cash flow comes to $11,937/yr on $89,430 invested. Return on cash invested is 33.26% in year one, and rental yield stands at 13.45% on a $269,775 basis. Equity gained on principal adds $1,741/yr, and 5% annual appreciation accumulates to $74,534 by year five. Five-year ROI measures 176.17% and total cumulative return in cash reaches $157,550. For financing, Ziffy Mortgage’s DSCR program evaluates $3,024/mo property income against a $1,320/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 1986
5,924 sqft 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: Alisha Rosse • Keller Williams Realty
Mls Name: NTREIS
Mls ID: #20648309
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.