1308 Isle Cove DrArlingtonTX76005
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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 1308 Isle Cove Dr, Arlington, TX, 76005 priced at $1,750,000 converts $8,959/mo rent into after a $8,565/mo obligation. Total monthly income equals $8,959/mo. Return on cash invested prints 12.8% in year one, and rental yield reads 6.14% against a $1,750,000 entry. Equity gained on principal adds $11,292/yr, while 5% annual appreciation compiles into $483,493 by year five. Five-year ROI reaches 65.92% and total cumulative return in cash sums $373,785. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $8,959/mo property income covering a $8,565/mo payment, not borrower’s personal income.
Single Family
Built in 2021
0.27 Acres lot
$N/A/sqft
$92 monthly HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 76005, Arlington, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,853 (100%) |
| Owner Occupied HU | 2,880 (74.7%) |
| Renter Occupied HU | 640 (16.6%) |
| Vacant Housing Units | 333 ( 8.6%) |
| Median Home Value | $492,150 |
| Average Home Value | $581,914 |
Housing Distribution
Address Breakdown
Residential
3,809
Single Family
3,214
Multi-Family
595
Businesses
70
Price History
Date | Event | Price |
|---|---|---|
| 2024-09-30 | Listed for sale | $1,750,000 |
| 2024-09-23 | Listing removed | $1,750,000 |
| 2024-07-26 | Listed for sale | $1,750,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-15 | $18940.64 | -14.85% | $1,074,989 | 40.41% |
| 2022-10-15 | $22245.11 | N/A | $765,616 | 681.24% |
| 2021-10-15 | N/A | N/A | $98,000 | N/A |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 2021
- Architectural Style: Detached
- Building Area: N/A
- Living Area: 4,152 sqft
- Property Condition: N/A
Features & Amenities
- Heating: N/A
- Cooling: N/A
- Flooring: Ceramic Tile, Hardwood, Tile
- Interior Features: Built-in Features, Pantry, Cable TV, Walk-In Closet(s)
- Exterior Features: N/A
- Parking Features: Attached Carport, Covered, Door-Multi, Driveway, Garage, Garage Door Opener, Lighted, Secured
HOA & Fees
- HOA Fee: $92 monthly
- Association Fee: $92 monthly
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: All Facilities
Utilities
- Utilities: Electricity Available, Electricity Connected, Natural Gas Available, Other, Sewer Available, Separate Meters, Water Available, Cable Available
- Sewer: Public Sewer
- Water Source: Public
- Road Surface Type: N/A
School Information
- Elementary School: Viridian
- Middle School: N/A
- High School: Trinity
Listed by: Surya Thapa • Vastu Realty Inc.
Mls Name: NTREIS
Mls ID: #20652708
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.