8516 Fresh Meadows RdNorth Richland HillsTX76182
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 8516 Fresh Meadows Rd, North Richland Hills, TX, 76182 priced at $1,100,000 pairs $3,749/mo rent with after a $5,384/mo payment. Total monthly income equals $3,749/mo. Return on cash invested is 6.49% in year one, and rental yield stands at 4.09% on a $1,100,000 basis. Equity gained on principal adds $7,098/yr, and 5% annual appreciation accumulates to $303,910 by year five. Five-year ROI measures 32.07% and total cumulative return in cash reaches $114,283. For financing, Ziffy Mortgage’s DSCR program evaluates $3,749/mo property income against a $5,384/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
9,016 sqft lot
$N/A/sqft
$600 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: Julie Gray • Ebby Halliday, REALTORS
Mls Name: NTREIS
Mls ID: #20819255
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.