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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 Richland Hills at 7000 Dover Ln, Richland Hills, TX, 76118 with 5% annual appreciation on a $349,000 basis while $2,672/mo rent supports operations. Total monthly income totals $2,672/mo and a $1,708/mo payment preserves $147/mo for cash returns. Annual cash flow comes to $1,765/yr on $115,694 deployed, and return on cash invested reaches 21.43% in year one. Equity gained on principal adds $2,252/yr, and five-year appreciation sums $96,422 alongside rental yield of 9.19%. Five-year ROI measures 112.42% and total cumulative return in cash totals $130,068.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,672/mo property income versus a $1,708/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1953
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76118, Fort Worth, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,640 (100%) |
| Owner Occupied HU | 4,497 (67.7%) |
| Renter Occupied HU | 1,835 (27.6%) |
| Vacant Housing Units | 308 ( 4.6%) |
| Median Home Value | $335,346 |
| Average Home Value | $367,708 |
Residential
6,239
Single Family
5,543
Multi-Family
696
Businesses
696
Date | Event | Price |
|---|---|---|
| 2024-10-10 | Listed for sale | $349,000 |
| 2013-11-11 | Sold | N/A |
| 2013-07-18 | Listing removed | $76,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-23 | $6313.23 | 11.68% | $283,491 | 20.22% |
| 2022-10-23 | $5653.14 | 30.25% | $235,814 | 34.75% |
| 2021-10-23 | $4340.26 | -1.87% | $175,000 | N/A |
Listed by: Larissa Standiford • Central Metro Realty
Mls Name: NTREIS
Mls ID: #20751464
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.
