1009 Eric Ave, Arlington, TX, 76012 | $35/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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1009 Eric Ave, Arlington, TX, 76012 | $35/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Arlington at 1009 Eric Ave, Arlington, TX, 76012 offers a 8.66% rental yield on a $329,000 purchase with $2,374/mo rent. Total monthly income registers $2,374/mo, and a $1,610/mo payment leaves $35/mo available for distribution. Annual cash flow reaches $417/yr on $109,064 to close, and return on cash invested stands at 20.29% in year one. Equity gained on principal adds $2,123/yr while 5% annual appreciation supports $90,897 over five years. Portfolio math shows five-year ROI at 106.1% and total cumulative return in cash at $115,713. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,374/mo property income against a $1,610/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1955

9,147 sqft lot

$N/A/sqft

No HOA

More details about the property

WOW FACTORS are EVERYWHERE in this AMAZING home that has been fully renovated from head to toe! This spacious 4 bedroom home is conveniently located in north Arlington on a quiet, tree-lined street with sidewalks and a park-like feel! As soon as you enter the door, you will be blown away by the COZY VIBE and the beautiful updates! Everything in this FANTASTIC home is NEW, new flooring, new light fixtures, new cabinets, new quartz counters, new windows, new paint and so much more! The living spaces in this home are INCREDIBLE and feature a large family room on the front of the house, a bonus room off the kitchen and a dedicated office space. The gourmet kitchen is a chef's dream with custom cabinets, an oversized island, high-end quartz counters and stainless steel appliances. Just off the kitchen is a bonus space that offers a perfect spot to enjoy coffee or wine while enjoying the views of nature in the backyard. The primary bedroom is HUGE and includes a sitting area and three closets. An adjoining primary bathroom has a spa-like feel with a custom tiled shower and quartz counters. There is also an office nook situated near the primary bedroom to make a perfect at-home work space. The 3 secondary bedrooms are on the opposite side of the home to give privacy and a split bedroom arrangement. These bedrooms share a full bathroom that has been updated with modern fixtures and tile. The WONDERFUL backyard is large enough to host massive family gatherings and accommodate any sports activity desired. Don't miss your chance to be the next lucky owners of AMAZING home!

Neighborhood Data

Neighborhood data shown for ZIP Code: 76012, Arlington, TX area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	11,027 (100%)
Owner Occupied HU	6,690 (60.7%)
Renter Occupied HU	3,808 (34.5%)
Vacant Housing Units	529 ( 4.8%)
Median Home Value	$347,932
Average Home Value	$380,864