6825 Ridgewood DrNorth Richland HillsTX76182
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 6825 Ridgewood Dr, North Richland Hills, TX, 76182 earns $23/mo cash flow from $2,938/mo rent with a $2,006/mo payment. Total monthly income totals $2,938/mo, and annual cash flow totals $281/yr on $135,882 capital. ROI tracks 20.12% on current figures, and rental yield reads 8.6% at a $409,900 purchase. Equity gained on principal adds $2,645/yr, and 5% annual appreciation supports $113,248 over five years. Five-year ROI reaches 105.16% and total cumulative return in cash sums $142,900. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,938/mo property income instead of your personal income.
Single Family
Built in 1986
10,367 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76182, North Richland Hills, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
12,303
Single Family
11,545
Multi-Family
758
Businesses
985
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Listed by: Jonathan Gonzalez • Only 1 Realty Group Dallas
Mls Name: NTREIS
Mls ID: #21088175