7125 Corona DrNorth Richland HillsTX76180
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 7125 Corona Dr, North Richland Hills, TX, 76180 uses $97,130 cash to close to unlock $7,542/yr annual cash flow and $629/mo monthly cash flow. Total monthly income runs $2,712/mo, and a $1,434/mo payment keeps the spread at $629/mo. Purchase price stands at $293,000, and rental yield measures 11.11% with $2,712/mo rent. Return on cash invested shows 27.67% in year one, and 5% annual appreciation builds toward $80,951 over five years. Five-year ROI reaches 145.71% and total cumulative return in cash records $141,526. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,712/mo property income covering a $1,434/mo payment rather than investor’s personal income.
Single Family
Built in 1964
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76180, North Richland Hills, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,061 (100%) |
| Owner Occupied HU | 8,037 (44.5%) |
| Renter Occupied HU | 8,782 (48.6%) |
| Vacant Housing Units | 1,242 ( 6.9%) |
| Median Home Value | $344,927 |
| Average Home Value | $380,786 |
Housing Distribution
Address Breakdown
Residential
17,028
Single Family
10,367
Multi-Family
6,661
Businesses
1,091
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Susan Kendrick • Mersal Realty
Mls Name: NTREIS
Mls ID: #21022628