8886 Ice House DrNorth Richland HillsTX76180
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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 8886 Ice House Dr, North Richland Hills, TX, 76180 earns $180/mo cash flow from $3,330/mo rent with a $2,168/mo payment. Total monthly income totals $3,330/mo, and annual cash flow totals $2,163/yr on $146,821 capital. ROI tracks 21.38% on current figures, and rental yield reads 9.02% at a $442,900 purchase. Equity gained on principal adds $2,858/yr, and 5% annual appreciation supports $122,365 over five years. Five-year ROI reaches 111.97% and total cumulative return in cash sums $164,397. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,330/mo property income instead of your personal income.
Townhouse
Built in 2019
4,268 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76180, North Richland Hills, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
17,028
Single Family
10,367
Multi-Family
6,661
Businesses
1,091
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Listed by: Julieta Rhea • Fathom Realty LLC
Mls Name: NTREIS
Mls ID: #21069471