1609 Creek Bank LnArlingtonTX76014
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
Rental property for sale in Arlington at 1609 Creek Bank Ln, Arlington, TX, 76014 priced at $190,500 pairs $1,636/mo rent with $134/mo cash flow after a $932/mo payment. Total monthly income equals $1,636/mo, and annual cash flow comes to $1,610/yr on $63,151 invested. Return on cash invested is 22.46% in year one, and rental yield stands at 10.31% on a $190,500 basis. Equity gained on principal adds $1,229/yr, and 5% annual appreciation accumulates to $52,632 by year five. Five-year ROI measures 118.8% and total cumulative return in cash reaches $75,025. For financing, Ziffy Mortgage’s DSCR program evaluates $1,636/mo property income against a $932/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 1985
4,521 sqft lot
$N/A/sqft
$68 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76014, Arlington, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,539 (100%) |
| Owner Occupied HU | 5,440 (43.4%) |
| Renter Occupied HU | 6,458 (51.5%) |
| Vacant Housing Units | 641 ( 5.1%) |
| Median Home Value | $236,771 |
| Average Home Value | $311,689 |
Housing Distribution
Address Breakdown
Residential
11,991
Single Family
8,590
Multi-Family
3,401
Businesses
378
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Nearby investment properties with comparable prices
Listed by: Sharon Parrish • RE/MAX Associates of Arlington
Mls Name: NTREIS
Mls ID: #20778321
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.