1309 Memory Ln APT 5020ArlingtonTX76011
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThis is a cash-flow-light asset: 1309 Memory Ln APT 5020, Arlington, TX, 76011 in Arlington, $189,500, 11.97% gross yield, $65/mo net income. Consider it a market-entry position, the $1,890/mo rent covers the $852/mo payment with a margin, and 5%/yr appreciation is projected to add $52,355 to the asset's value over five years. Ziffy Mortgage approves DSCR loans (coverage 2.22) for non-U.S. residents without domestic income documentation. Consider a higher down payment to widen the monthly margin. Total projected return: $78,907.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12% | 6.5% |
| Monthly Cash Flow | $65 | $450 |
City averages based on Arlington market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,890 |
| Total Monthly Debt Service | $1,749 |
| DSCR Ratio | 1.08x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1983
1,023 sqft lot
$N/A/sqft
$477 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1983
1,023 sqft lot
$N/A/sqft
$477 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mai Yousef • Monument Realty
Mls Name: NTREIS
Mls ID: #20971326
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.