7924 Forest View CtNorth 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
Rental property for sale in North Richland Hills at 7924 Forest View Ct, North Richland Hills, TX, 76182 priced at $839,000 converts $5,670/mo rent into after a $4,106/mo obligation. Total monthly income equals $5,670/mo. Return on cash invested prints 18.63% in year one, and rental yield reads 8.11% against a $839,000 entry. Equity gained on principal adds $5,414/yr, while 5% annual appreciation compiles into $231,800 by year five. Five-year ROI reaches 97.21% and total cumulative return in cash sums $268,320. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,670/mo property income covering a $4,106/mo payment, not borrower’s personal income.
Single Family
Built in 2005
10,672 sqft lot
$N/A/sqft
$400 annually 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: Brady Bridges • Reside Real Estate LLC
Mls Name: NTREIS
Mls ID: #20888641
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.