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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 8908 Redding St, North Richland Hills, TX, 76180 generates $3,274/mo in rent, after a $2,154/mo payment. Total monthly income is $3,274/mo. Return on cash invested sits at 16.74% in year one, and rental yield is 8.93% on a $440,000 entry. Equity gained on principal adds $2,839/yr, while 5% annual appreciation builds toward $121,564 over five years. Five-year ROI reaches 88.64% and total cumulative return in cash sums $129,286. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,274/mo property income rather than buyer’s personal income.
Townhouse
Built in 2021
2,265 sqft lot
$N/A/sqft
$1,175 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 |
|---|---|---|
| 2025-11-13 | Listed for sale | $440,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-13 | $8964.81 | -6.37% | $413,131 | -5.35% |
| 2023-11-13 | $9574.47 | N/A | $436,461 | 22.02% |
| 2022-11-13 | N/A | N/A | $357,709 | 829.11% |
Listed by: Melissa Adams • Orchard Brokerage
Mls Name: NTREIS
Mls ID: #21100048
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.
