1301 Memory Ln APT 4910ArlingtonTX76011
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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
Total monthly income runs $1,391/mo, and a $844/mo payment. Purchase price stands at $172,500, and rental yield measures 9.68% with $1,391/mo rent. Return on cash invested shows 16.08% in year one, and 5% annual appreciation builds toward $47,659 over five years. Five-year ROI reaches 86.19% and total cumulative return in cash records $49,286. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,391/mo property income covering a $844/mo payment rather than investor’s personal income.
Condo
Built in 1983
2,613 sqft lot
$N/A/sqft
$347 monthly 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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Listed by: Lauren Kerschen • ARC Realty DFW
Mls Name: NTREIS
Mls ID: #20979092
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