Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 North Richland Hills at 7320 Forrest Ct, North Richland Hills, TX, 76182 offers a 11.75% rental yield on a $450,000 purchase with $4,405/mo rent. Total monthly income registers $4,405/mo, and a $2,203/mo payment leaves $1,205/mo available for distribution. Annual cash flow reaches $14,454/yr on $149,175 to close, and return on cash invested stands at 29.6% in year one. Equity gained on principal adds $2,904/yr while 5% annual appreciation supports $124,327 over five years. Portfolio math shows five-year ROI at 156.02% and total cumulative return in cash at $232,746. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,405/mo property income against a $2,203/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1978
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76182, North Richland Hills, TX area.
| 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 |
Residential
12,303
Single Family
11,545
Multi-Family
758
Businesses
985
Date | Event | Price |
|---|---|---|
| 2024-09-30 | Listed for sale | $450,000 |
| 2024-09-15 | Listing removed | $450,000 |
| 2024-09-15 | Price change | $450,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2016-10-23 | $1073.18 | -63.37% | $138,458 | 14.24% |
| 2015-10-23 | $2929.76 | N/A | $121,200 | N/A |
| 2014-10-23 | $2929.76 | N/A | $121,200 | N/A |
Listed by: Cassidy Spilker • Perpetual Realty Group LLC
Mls Name: NTREIS
Mls ID: #20631864
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.
