7120 Payte 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
Investment property for sale in North Richland Hills at 7120 Payte Ln, North Richland Hills, TX, 76182 earns $372/mo cash flow from $2,143/mo rent with a $1,219/mo payment. Total monthly income totals $2,143/mo, and annual cash flow totals $4,465/yr on $82,544 capital. ROI tracks 25.32% on current figures, and rental yield reads 10.33% at a $249,000 purchase. Equity gained on principal adds $1,607/yr, and 5% annual appreciation supports $68,794 over five years. Five-year ROI reaches 133.12% and total cumulative return in cash sums $109,880. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,143/mo property income instead of your personal income.
Single Family
Built in 1971
0.26 Acres 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: Lauren Cunningham • Doty Real Estate LLC
Mls Name: NTREIS
Mls ID: #21111457