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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 8520 Olmstead Ter, North Richland Hills, TX, 76180 offers a 8.48% rental yield on a $545,000 purchase with $3,853/mo rent. 29% in year one. Equity gained on principal adds $3,517/yr while 5% annual appreciation supports $150,573 over five years. Portfolio math shows five-year ROI at 100.92% and total cumulative return in cash at $180,960. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,853/mo property income against a $2,668/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2003
6,534 sqft lot
$N/A/sqft
$193 quarterly 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 |
|---|---|---|
| 2025-05-09 | Listed for sale | $545,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-09 | $9379.15 | 6.92% | $529,675 | -7.77% |
| 2023-05-09 | $8772.16 | -8.81% | $574,324 | 18.85% |
| 2022-05-09 | $9619.83 | 3.19% | $483,229 | 20.50% |
Listed by: Kimberly Coatney • Ebby Halliday, REALTORS
Mls Name: NTREIS
Mls ID: #20931772
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.
