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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 1603 Celeste Ct, Arlington, TX, 76012 priced at $329,900 pairs $2,689/mo rent with $343/mo cash flow after a $1,615/mo payment. Total monthly income equals $2,689/mo, and annual cash flow comes to $4,113/yr on $109,362 invested. Return on cash invested is 23.67% in year one, and rental yield stands at 9.78% on a $329,900 basis. Equity gained on principal adds $2,129/yr, and 5% annual appreciation accumulates to $91,145 by year five. Five-year ROI measures 124.23% and total cumulative return in cash reaches $135,855. For financing, Ziffy Mortgage’s DSCR program evaluates $2,689/mo property income against a $1,615/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1976
7,710 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76012, Arlington, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,027 (100%) |
| Owner Occupied HU | 6,690 (60.7%) |
| Renter Occupied HU | 3,808 (34.5%) |
| Vacant Housing Units | 529 ( 4.8%) |
| Median Home Value | $347,932 |
| Average Home Value | $380,864 |
Residential
10,579
Single Family
9,161
Multi-Family
1,418
Businesses
1,101
Date | Event | Price |
|---|---|---|
| 2025-01-27 | Price change | $329,900 |
| 2024-12-19 | Listed for sale | $339,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-12 | $1923.87 | -21.57% | $295,322 | -0.70% |
| 2023-02-12 | $2452.93 | -24.49% | $297,389 | 15.69% |
| 2022-02-12 | $3248.59 | 0.12% | $257,066 | 6.26% |
Listed by: Tim Allread • RE/MAX DFW Associates
Mls Name: NTREIS
Mls ID: #20800289
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.
