6717 Karen 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 6717 Karen Dr, North Richland Hills, TX, 76180 generates $3,059/mo in rent and, after a $1,542/mo payment, leaves $819/mo in cash flow. Total monthly income is $3,059/mo, and annual cash flow is $9,825/yr on $104,423 invested. Return on cash invested sits at 29.32% in year one, and rental yield is 11.65% on a $315,000 entry. Equity gained on principal adds $2,033/yr, while 5% annual appreciation builds toward $87,029 over five years. Five-year ROI reaches 154.51% and total cumulative return in cash sums $161,345. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,059/mo property income rather than buyer’s personal income.
Single Family
Built in 1962
0.32 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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