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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Arlington at 1309 Brookgrove Ct, Arlington, TX, 76018 priced at $310,000 pairs $2,938/mo rent with $734/mo cash flow after a $1,517/mo payment. Total monthly income equals $2,938/mo, and annual cash flow comes to $8,806/yr on $102,765 invested. Return on cash invested is 28.48% in year one, and rental yield stands at 11.37% on a $310,000 basis. Equity gained on principal adds $2,000/yr, and 5% annual appreciation accumulates to $85,647 by year five. Five-year ROI measures 149.99% and total cumulative return in cash reaches $154,135. For financing, Ziffy Mortgage’s DSCR program evaluates $2,938/mo property income against a $1,517/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1991
7,348 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76018, Arlington, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,202 (100%) |
| Owner Occupied HU | 6,350 (69.0%) |
| Renter Occupied HU | 2,541 (27.6%) |
| Vacant Housing Units | 311 ( 3.4%) |
| Median Home Value | $287,045 |
| Average Home Value | $275,786 |
Residential
9,173
Single Family
8,264
Multi-Family
909
Businesses
586
Date | Event | Price |
|---|---|---|
| 2024-10-14 | Price change | $310,000 |
| 2024-09-26 | Price change | $319,000 |
| 2024-08-27 | Price change | $344,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-15 | $4644.59 | -16.01% | $315,000 | 2.16% |
| 2022-10-15 | $5529.92 | 3.70% | $308,349 | 32.64% |
| 2021-10-15 | $5332.82 | 6.66% | $232,478 | 2.82% |
Listed by: Naomi Greenlee • Morine Empire Realty & Associates
Mls Name: NTREIS
Mls ID: #20672855
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.
