1204 Calico Ln APT 720, Arlington, TX, 76011 | $69/mo Cash Flow

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1204 Calico Ln APT 720, Arlington, TX, 76011 | $69/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 1204 Calico Ln APT 720, Arlington, TX, 76011 listed at $165,000 pairs $1,243/mo rent with a $808/mo payment to leave $69/mo cash flow. Total monthly income runs $1,243/mo, and annual cash flow reaches $831/yr on $54,698 cash to close. Return on cash invested measures 21.43% in year one, and rental yield registers 9.04% at a $165,000 basis. Equity gained on principal adds $1,065/yr, and annual property appreciation at 5% supports $45,586 by year five. Five-year ROI tracks 112.28% and total cumulative return in cash totals $61,415. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,243/mo property income relative to a $808/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 1981

2,613 sqft lot

$N/A/sqft

No HOA

More details about the property

This fantastic 2-bedroom 2-bath condo is located on the second floor in a secure gated community. The living room features a wood-burning fireplace, a vaulted ceiling, BRAND NEW luxury vinyl plank floors, and is open to the kitchen and dining area, creating a spacious feel. There is a lot of natural light from the windows in the living room, and the unit overlooks an interior courtyard area. The kitchen has granite countertops, a stainless steel refrigerator is included with the unit, and a door that provides access to the balcony with storage. The primary bedroom is roomy and has an ensuite bath with granite counters and a double vanity, and has a patio door that has access to the large balcony. The second bedroom has built-in shelves, and the full bath is right outside the bedroom. They both have walk-in closets. It also has NEW PAINT throughout. A full-size washer and dryer are included with the unit, but can be removed if necessary. The Seller is Motivated! The HOA covers water, sewer, trash, exterior maintenance, and insurance, which makes homeownership especially affordable! Amenities include 2 pools, tennis courts, a workout room, a sauna, and a clubhouse. The recreation area offers game tables and a racquetball court. It's within walking distance to Globe Life Stadium, ATT Stadium, lots of restaurants and shopping. Close to I30 for a quick drive to DFW airport, Dallas, or Fort Worth. NO STRs at all, no new rentals properties at this time; NOT FHA APPROVED. Vacant and ready!

Neighborhood Data

Neighborhood data shown for ZIP Code: 76011, Arlington, TX area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	12,613 (100%)
Owner Occupied HU	2,254 (17.9%)
Renter Occupied HU	9,037 (71.6%)
Vacant Housing Units	1,322 (10.5%)
Median Home Value	$327,656
Average Home Value	$329,449