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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% |
Rental property for sale in North Richland Hills at 8404 Patricks Path, North Richland Hills, TX, 76182 priced at $700,000 pairs $2,400/mo rent with after a $3,426/mo payment. Total monthly income equals $2,400/mo. Return on cash invested is 5.52% in year one, and rental yield stands at 4.11% on a $700,000 basis. Equity gained on principal adds $4,517/yr, and 5% annual appreciation accumulates to $193,397 by year five. Five-year ROI measures 27.25% and total cumulative return in cash reaches $62,752. For financing, Ziffy Mortgage’s DSCR program evaluates $2,400/mo property income against a $3,426/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2022
6,534 sqft lot
$N/A/sqft
$660 annually HOA
Neighborhood data shown for ZIP Code: 76182, North Richland Hills, TX area.
| 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 |
Residential
12,303
Single Family
11,545
Multi-Family
758
Businesses
985
Date | Event | Price |
|---|---|---|
| 2024-08-02 | Price change | $700,000 |
| 2024-07-29 | Price change | $710,000 |
| 2024-05-10 | Listed for sale | $720,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-15 | $13523.84 | 781.58% | $716,375 | 1023.73% |
| 2022-08-15 | $1534.05 | 3.39% | $63,750 | 7.14% |
| 2021-08-15 | $1483.81 | -2.00% | $59,500 | N/A |
Listed by: Leonard McManaman • Keller Williams Frisco Stars
Mls Name: NTREIS
Mls ID: #20614064
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.
