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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 1122 Millview Dr #1601, Arlington, TX, 76012 generates $3,060/mo in rent and, after a $783/mo payment, leaves $1,569/mo in cash flow. Total monthly income is $3,060/mo, and annual cash flow is $18,832/yr on $53,040 invested. Return on cash invested sits at 55.41% in year one, and rental yield is 22.95% on a $160,000 entry. Equity gained on principal adds $1,032/yr, while 5% annual appreciation builds toward $44,205 over five years. Five-year ROI reaches 297.4% and total cumulative return in cash sums $157,742. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,060/mo property income rather than buyer’s personal income.
Condo
Built in 1984
740.52 sqft lot
$N/A/sqft
$281 monthly HOA
Neighborhood data shown for ZIP Code: 76012, Arlington, TX area.
| 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 |
Residential
10,579
Single Family
9,161
Multi-Family
1,418
Businesses
1,101
Date | Event | Price |
|---|---|---|
| 2024-08-08 | Listing removed | N/A |
| 2024-08-07 | Listed for sale | $160,000 |
| 2024-06-20 | Pending sale | $160,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-14 | $3520.27 | 24.68% | $159,536 | 40.53% |
| 2022-08-14 | $2823.55 | -3.88% | $113,528 | -0.90% |
| 2021-08-14 | $2937.47 | -1.31% | $114,557 | N/A |
Listed by: Hunt Holdridge • Huntahome, LLC
Mls Name: NTREIS
Mls ID: #20587528
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.
