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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in North Richland Hills at 6704 Driffield Cir E, North Richland Hills, TX, 76182 earns $1,393/mo cash flow from $3,455/mo rent with a $1,419/mo payment. Total monthly income totals $3,455/mo, and annual cash flow totals $16,718/yr on $96,135 capital. ROI tracks 37.3% on current figures, and rental yield reads 14.3% at a $290,000 purchase. Equity gained on principal adds $1,871/yr, and 5% annual appreciation supports $80,122 over five years. Five-year ROI reaches 197.35% and total cumulative return in cash sums $189,724. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,455/mo property income instead of your personal income.
Single Family
Built in 1987
5,314 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76182, North Richland Hills, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,030 (100%) |
| Owner Occupied HU | 9,619 (80.0%) |
| Renter Occupied HU | 2,184 (18.2%) |
| Vacant Housing Units | 227 ( 1.9%) |
| Median Home Value | $418,554 |
| Average Home Value | $457,174 |
Residential
12,303
Single Family
11,545
Multi-Family
758
Businesses
985
Date | Event | Price |
|---|---|---|
| 2024-07-23 | Listed for sale | $290,000 |
| 2024-07-15 | Listing removed | N/A |
| 2024-06-10 | Listed for sale | $290,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-15 | $3849.12 | -16.73% | $283,305 | 26.73% |
| 2022-08-15 | $4622.40 | 4.51% | $223,544 | 26.04% |
| 2021-08-15 | $4422.91 | 3.95% | $177,357 | 6.07% |
Listed by: Melissa Donahew • Marsha Hardin Real Estate LLC
Mls Name: NTREIS
Mls ID: #20639372
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.
