1122 Millview Dr #405ArlingtonTX76012
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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 Arlington at 1122 Millview Dr #405, Arlington, TX, 76012 uses $48,068 cash to close to unlock $1,459/yr annual cash flow and $122/mo monthly cash flow. Total monthly income runs $1,153/mo, and a $710/mo payment keeps the spread at $122/mo. Purchase price stands at $145,000, and rental yield measures 9.54% with $1,153/mo rent. Return on cash invested shows 22.94% in year one, and 5% annual appreciation builds toward $40,061 over five years. Five-year ROI reaches 120.35% and total cumulative return in cash records $57,848. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,153/mo property income covering a $710/mo payment rather than investor’s personal income.
Condo
Built in 1984
740.52 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
10,579
Single Family
9,161
Multi-Family
1,418
Businesses
1,101
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