5602 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
Investment property for sale in North Richland Hills at 5602 Cancun Dr, North Richland Hills, TX, 76180 with 5% annual appreciation on a $264,775 basis while $3,247/mo rent supports operations. Total monthly income totals $3,247/mo and a $1,296/mo payment preserves $1,205/mo for cash returns. Annual cash flow comes to $14,460/yr on $87,773 deployed, and return on cash invested reaches 36.38% in year one. Equity gained on principal adds $1,709/yr, and five-year appreciation sums $73,152 alongside rental yield of 14.72%. Five-year ROI measures 193.17% and total cumulative return in cash totals $169,553.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,247/mo property income versus a $1,296/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 1986
4,268 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: #20648418
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.