7209 Elm Wood DrNorth 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 7209 Elm Wood Dr, North Richland Hills, TX, 76182 listed at $439,900 pairs $3,161/mo rent with a $2,153/mo payment to leave $33/mo cash flow. Total monthly income runs $3,161/mo, and annual cash flow reaches $395/yr on $145,827 cash to close. Return on cash invested measures 20.18% in year one, and rental yield registers 8.62% at a $439,900 basis. Equity gained on principal adds $2,839/yr, and annual property appreciation at 5% supports $121,536 by year five. Five-year ROI tracks 105.5% and total cumulative return in cash totals $153,843. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,161/mo property income relative to a $2,153/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1997
8,755 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: Sawsan Shmais • JPAR North Metro
Mls Name: NTREIS
Mls ID: #21082346