7800 Mockingbird Ln LOT 73North richland hillsTX76180
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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 7800 Mockingbird Ln LOT 73, North richland hills, TX, 76180 uses $39,449 cash to close to unlock $1,071/yr annual cash flow and $89/mo monthly cash flow. Total monthly income runs $935/mo, and a $582/mo payment keeps the spread at $89/mo. Purchase price stands at $119,000, and rental yield measures 9.43% with $935/mo rent. Return on cash invested shows 22.62% in year one, and 5% annual appreciation builds toward $32,878 over five years. Five-year ROI reaches 118.74% and total cumulative return in cash records $46,841. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $935/mo property income covering a $582/mo payment rather than investor’s personal income.
Manufactured
Built in 2020
N/A 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
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Listed by: Rose Jeanlouis • RNJ Mhome Connection LLC
Mls Name: My State MLS
Mls ID: #11601665