6928 Heather LnNorth Richland HillsTX76182
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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 6928 Heather Ln, North Richland Hills, TX, 76182 generates $3,706/mo in rent, after a $3,032/mo payment. Total monthly income is $3,706/mo. Return on cash invested sits at 15.94% in year one, and rental yield is 7.18% on a $619,500 entry. Equity gained on principal adds $3,998/yr, while 5% annual appreciation builds toward $171,156 over five years. Five-year ROI reaches 82.76% and total cumulative return in cash sums $168,686. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,706/mo property income rather than buyer’s personal income.
Single Family
Built in 2018
4,617 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: Russ Stimmel • Century 21 Mike Bowman, Inc.
Mls Name: NTREIS
Mls ID: #21146356