7063 Cypress Dr, Richland Hills, TX, 76118 | $741/mo Cash Flow

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7063 Cypress Dr, Richland Hills, TX, 76118 | $741/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Richland Hills at 7063 Cypress Dr, Richland Hills, TX, 76118 offers a 11.02% rental yield on a $358,000 purchase with $3,287/mo rent. Total monthly income registers $3,287/mo, and a $1,752/mo payment leaves $741/mo available for distribution. Annual cash flow reaches $8,897/yr on $118,677 to close, and return on cash invested stands at 27.41% in year one. Equity gained on principal adds $2,310/yr while 5% annual appreciation supports $98,909 over five years. Portfolio math shows five-year ROI at 144.27% and total cumulative return in cash at $171,210. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,287/mo property income against a $1,752/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 2024

2,927 sqft lot

$N/A/sqft

No HOA

More details about the property

Charming 4-Bedroom Home in a Friendly Neighborhood 7063 Cypress Drive, Richland Hills, TX This beautifully updated 4-bedroom, 2.5-bathroom home, built in 2024, combines modern style with comfort and convenience. Featuring high-end granite countertops throughout, the open-concept layout is ideal for both family living and entertaining. Nestled in a charming neighborhood with friendly neighbors, this home offers a welcoming and community-oriented atmosphere. Just minutes away from Northeast Mall and Downtown Fort Worth, you'll have unbeatable access to shopping, dining, and entertainment. Whether youre catching a movie, shopping for the latest trends, or enjoying the downtown nightlife, everything you need is right at your doorstep. For those who commute, the TRE Station is just a 4-minute drive away, making it easy for you to access employment opportunities across the Dallas-Fort Worth area while still enjoying a quiet, suburban lifestyle. Plus, with the Richland Hills Police Department nearby, youll have added peace of mind. This home offers the perfect blend of style, location, and communityideal for anyone looking to enjoy modern living in a vibrant area.

Neighborhood Data

Neighborhood data shown for ZIP Code: 76118, Fort Worth, TX area.

Housing Distribution

Housing Statistics

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