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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 8013 Emerald Hills Way, North Richland Hills, TX, 76180 uses $94,478 cash to close to unlock $2,823/yr annual cash flow and $235/mo monthly cash flow. Total monthly income runs $2,262/mo, and a $1,395/mo payment keeps the spread at $235/mo. Purchase price stands at $285,000, and rental yield measures 9.52% with $2,262/mo rent. Return on cash invested shows 22.9% in year one, and 5% annual appreciation builds toward $78,740 over five years. Five-year ROI reaches 120.11% and total cumulative return in cash records $113,478. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,262/mo property income covering a $1,395/mo payment rather than investor’s personal income.
Single Family
Built in 1970
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76180, North Richland Hills, TX area.
| 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 |
Residential
17,028
Single Family
10,367
Multi-Family
6,661
Businesses
1,091
Date | Event | Price |
|---|---|---|
| 2025-07-26 | Listed for sale | $285,000 |
| 2020-02-08 | Listing removed | $1,400 |
| 2020-01-09 | Listed for rent | $1,400 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-26 | $4046.80 | 1.50% | $186,491 | 2.61% |
| 2023-07-26 | $3987.07 | 3.67% | $181,755 | 13.72% |
| 2022-07-26 | $3845.93 | 15.01% | $159,823 | 19.19% |
Listed by: Laura Fauntleroy • Williams Trew Real Estate
Mls Name: NTREIS
Mls ID: #21012345
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.
