1309 Memory Ln APT 5020ArlingtonTX76011
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
Investment Highlights
Investment property for sale in Arlington at 1309 Memory Ln APT 5020, Arlington, TX, 76011 listed at $189,500 pairs $1,890/mo rent with a $928/mo payment to leave $65/mo cash flow. Total monthly income runs $1,890/mo, and annual cash flow reaches $779/yr on $62,819 cash to close. Return on cash invested measures 21.15% in year one, and rental yield registers 11.97% at a $189,500 basis. Equity gained on principal adds $1,223/yr, and annual property appreciation at 5% supports $52,355 by year five. Five-year ROI tracks 114% and total cumulative return in cash totals $71,615. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,890/mo property income relative to a $928/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
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.