8629 Kensington LnNorth 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
Rental property for sale in North Richland Hills at 8629 Kensington Ln, North Richland Hills, TX, 76182 priced at $624,900 pairs $4,550/mo rent with $106/mo cash flow after a $3,059/mo payment. Total monthly income equals $4,550/mo, and annual cash flow comes to $1,270/yr on $205,592 invested. Return on cash invested is 20.68% in year one, and rental yield stands at 8.74% on a $624,900 basis. Equity gained on principal adds $4,032/yr, and 5% annual appreciation accumulates to $172,648 by year five. Five-year ROI measures 108.15% and total cumulative return in cash reaches $222,341. For financing, Ziffy Mortgage’s DSCR program evaluates $4,550/mo property income against a $3,059/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1994
8,886 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: Nicole Garrett • Fathom Realty, LLC
Mls Name: NTREIS
Mls ID: #20908844
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.