8381 Davis Blvd UNIT 208North 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 8381 Davis Blvd UNIT 208, North Richland Hills, TX, 76182 offers a 11.43% rental yield on a $204,599 purchase with $1,948/mo rent. Total monthly income registers $1,948/mo, and a $1,001/mo payment leaves $493/mo available for distribution. Annual cash flow reaches $5,922/yr on $67,825 to close, and return on cash invested stands at 28.64% in year one. Equity gained on principal adds $1,320/yr while 5% annual appreciation supports $56,527 over five years. Portfolio math shows five-year ROI at 150.9% and total cumulative return in cash at $102,348. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,948/mo property income against a $1,001/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2023
1,481 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: Sheana Silvertooth • JPAR
Mls Name: NTREIS
Mls ID: #20963483