1204 Harwell Dr APT 2124, Arlington, TX, 76011 | $386/mo Cash Flow

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1204 Harwell Dr APT 2124, Arlington, TX, 76011 | $386/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 Harwell Dr APT 2124, Arlington, TX, 76011 offers a 11.44% rental yield on a $159,000 purchase with $1,516/mo rent. Total monthly income registers $1,516/mo, and a $778/mo payment leaves $386/mo available for distribution. Annual cash flow reaches $4,627/yr on $52,709 to close, and return on cash invested stands at 28.69% in year one. Equity gained on principal adds $1,026/yr while 5% annual appreciation supports $43,929 over five years. Portfolio math shows five-year ROI at 151.17% and total cumulative return in cash at $79,680. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,516/mo property income against a $778/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 1981

2,090 sqft lot

$N/A/sqft

No HOA

More details about the property

Charming one-bedroom, one-bath upstairs corner unit in the gated Cloisters community offering a bright open layout with a cozy fireplace in the living room, dining area, and kitchen with granite countertops and updated appliances. Wood-look laminate floors, fresh paint, new blinds, and updated fixtures give the home a modern touch, while the spacious bedroom includes a large walk-in closet and the bathroom features double granite vanities and a tiled tub-shower combo. A private patio provides a quiet retreat, and major updates include newer HVAC and water heater. Community amenities include multiple pools, tennis courts, fitness center, sauna, racquetball court, and recreation room, all in an unbeatable location just minutes from Globe Life Field, AT&T Stadium, Six Flags, Hurricane Harbor, shopping, dining, and easy freeway access.

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