7424 Bridges AveNorth Richland HillsTX76118
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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 7424 Bridges Ave, North Richland Hills, TX, 76118 earns $461/mo cash flow from $2,651/mo rent with a $1,493/mo payment. Total monthly income totals $2,651/mo, and annual cash flow totals $5,530/yr on $101,108 capital. ROI tracks 25.38% on current figures, and rental yield reads 10.43% at a $305,000 purchase. Equity gained on principal adds $1,968/yr, and 5% annual appreciation supports $84,266 over five years. Five-year ROI reaches 133.47% and total cumulative return in cash sums $134,950. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,651/mo property income instead of your personal income.
Single Family
Built in 1958
9,583 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
6,239
Single Family
5,543
Multi-Family
696
Businesses
696
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Listed by: Ben Howard • Keller Williams Realty-FM
Mls Name: NTREIS
Mls ID: #20963494
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.