1300 Memory Ln APT 5221, Arlington, TX, 76011 | $418/mo Cash Flow

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1300 Memory Ln APT 5221, Arlington, TX, 76011 | $418/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 1300 Memory Ln APT 5221, Arlington, TX, 76011 listed at $155,000 pairs $1,521/mo rent with a $759/mo payment to leave $418/mo cash flow. Total monthly income runs $1,521/mo, and annual cash flow reaches $5,021/yr on $51,383 cash to close. Return on cash invested measures 29.68% in year one, and rental yield registers 11.78% at a $155,000 basis. Equity gained on principal adds $1,000/yr, and annual property appreciation at 5% supports $42,824 by year five. Five-year ROI tracks 156.48% and total cumulative return in cash totals $80,404. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,521/mo property income relative to a $759/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 1893

217.80 sqft lot

$N/A/sqft

No HOA

More details about the property

Located in the highly sought-after gated community of The Cloisters in North Arlington. Perfect blend of convenience, comfort and desirable lifestyle amenities. This condo offers perfect opportunity to come in and make it yours. The spacious primary suite includes a walk-in closet and a spacious bathroom with dual sinks.. A second bedroom adds flexibility, ideal for guests, a home office, or additional living space. Beyond the condo itself, The Cloisters delivers an unbeatable lifestyle. The HOA takes care of yard maintenance, exterior upkeep, water, sewer, and trash, and includes full access to an impressive list of community amenities. Residents enjoy multiple pools, a clubhouse, tennis courts, racquetball, a sauna, fitness center, community sprinkler system, perimeter fencing, and secure gated entry which are all covered by the monthly dues.The location couldnt be more convenient: less than 25 minutes to both Downtown Fort Worth and Downtown Dallas, as well as DFW International Airport and Dallas Love Field. Within minutes, youll find AT&T Stadium, Globe Life Field, Texas Live! Oh, and the countless dining, shopping, and entertainment options of the Arlington Entertainment District. Whether youre seeking a lock-and-leave lifestyle, a centrally located home base, or a smart investment opportunity, this property checks every box! 1-0 LENDER PAID buydown with our preferred lender or a closing costs credits

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