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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 Arlington at 1023 Bannack Dr, Arlington, TX, 76001 priced at $289,000 converts $2,395/mo rent into $221/mo cash flow after a $1,415/mo obligation. Total monthly income equals $2,395/mo, and annual cash flow totals $2,657/yr on $95,804 invested. Return on cash invested prints 22.68% in year one, and rental yield reads 9.94% against a $289,000 entry. Equity gained on principal adds $1,865/yr, while 5% annual appreciation compiles into $79,845 by year five. Five-year ROI reaches 119.48% and total cumulative return in cash sums $114,470. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,395/mo property income covering a $1,415/mo payment, not borrower’s personal income.
Single Family
Built in 1998
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76001, Arlington, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,990 (100%) |
| Owner Occupied HU | 9,116 (76.0%) |
| Renter Occupied HU | 2,582 (21.5%) |
| Vacant Housing Units | 292 ( 2.4%) |
| Median Home Value | $365,432 |
| Average Home Value | $392,695 |
Residential
12,022
Single Family
10,791
Multi-Family
1,231
Businesses
510
Date | Event | Price |
|---|---|---|
| 2024-10-09 | Price change | $289,000 |
| 2024-09-30 | Listed for sale | $294,000 |
| 2024-09-15 | Listing removed | $294,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-15 | $6212.12 | 8.88% | $277,306 | 22.14% |
| 2022-10-15 | $5705.32 | 11.16% | $227,032 | 15.97% |
| 2021-10-15 | $5132.54 | 13.27% | $195,771 | 14.82% |
Listed by: Tyler Pincock • eXp Realty, LLC
Mls Name: NTREIS
Mls ID: #20718940
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.
