7696 Resting Mews 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 7696 Resting Mews Ln, North Richland Hills, TX, 76182 offers a 10.01% rental yield on a $309,900 purchase with $2,584/mo rent. Total monthly income registers $2,584/mo, and a $1,517/mo payment leaves $380/mo available for distribution. Annual cash flow reaches $4,561/yr on $102,732 to close, and return on cash invested stands at 24.35% in year one. Equity gained on principal adds $2,000/yr while 5% annual appreciation supports $85,620 over five years. Portfolio math shows five-year ROI at 127.89% and total cumulative return in cash at $131,388. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,584/mo property income against a $1,517/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2020
2,003 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: Preston Bauman • Nelson Realty
Mls Name: NTREIS
Mls ID: #21106653