6505 Briley 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 6505 Briley Dr, North Richland Hills, TX, 76180 uses $169,616 cash to close to unlock $16,547/yr annual cash flow and $1,379/mo monthly cash flow. Total monthly income runs $5,113/mo, and a $2,523/mo payment keeps the spread at $1,379/mo. Purchase price stands at $515,549, and rental yield measures 11.9% with $5,113/mo rent. Return on cash invested shows 29.82% in year one, and 5% annual appreciation builds toward $142,437 over five years. Five-year ROI reaches 157.32% and total cumulative return in cash records $266,838. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,113/mo property income covering a $2,523/mo payment rather than investor’s personal income.
Single Family
Built in 1978
0.29 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: Leslie Benavidez • Texas Connect Realty
Mls Name: NTREIS
Mls ID: #20699827
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.