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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% |
Investment property for sale in Arlington at 1609 E Mitchell St, Arlington, TX, 76010 offers a 13.92% rental yield on a $150,000 purchase with $1,740/mo rent. Total monthly income registers $1,740/mo, and a $734/mo payment leaves $674/mo available for distribution. Annual cash flow reaches $8,082/yr on $49,725 to close, and return on cash invested stands at 36.16% in year one. Equity gained on principal adds $968/yr while 5% annual appreciation supports $41,442 over five years. Portfolio math shows five-year ROI at 191.26% and total cumulative return in cash at $95,106. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,740/mo property income against a $734/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1952
7,187 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76010, Arlington, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,705 (100%) |
| Owner Occupied HU | 6,363 (30.7%) |
| Renter Occupied HU | 12,459 (60.2%) |
| Vacant Housing Units | 1,883 ( 9.1%) |
| Median Home Value | $223,773 |
| Average Home Value | $251,920 |
Residential
19,629
Single Family
13,190
Multi-Family
6,439
Businesses
1,443
Date | Event | Price |
|---|---|---|
| 2024-08-09 | Listed for sale | $150,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-13 | $70.41 | N/A | $168,612 | 14.33% |
| 2022-08-13 | N/A | N/A | $147,483 | 11.45% |
| 2021-08-13 | $341.55 | -71.23% | $132,331 | 14.96% |
Listed by: Valery Boyer • JPAR Arlington
Mls Name: NTREIS
Mls ID: #20698729
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.
