1300 Memory Ln APT 5214ArlingtonTX76011
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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
Rental property for sale in Arlington at 1300 Memory Ln APT 5214, Arlington, TX, 76011 generates $1,508/mo in rent and, after a $976/mo payment, leaves $90/mo in cash flow. Total monthly income is $1,508/mo, and annual cash flow is $1,077/yr on $66,134 invested. Return on cash invested sits at 21.54% in year one, and rental yield is 9.07% on a $199,500 entry. Equity gained on principal adds $1,287/yr, while 5% annual appreciation builds toward $55,118 over five years. Five-year ROI reaches 112.78% and total cumulative return in cash sums $74,587. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,508/mo property income rather than buyer’s personal income.
Condo
Built in 1983
3,049 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
11,915
Single Family
3,854
Multi-Family
8,061
Businesses
2,003
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