1650 Ascension Bluff Dr APT 349ArlingtonTX76006
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThis is a cash-flow-light asset: 1650 Ascension Bluff Dr APT 349, Arlington, TX, 76006 in Arlington, $162,500, 10.76% gross yield, $62/mo net income. Consider it a market-entry position, the $1,703/mo rent covers the $731/mo payment with a margin, and 5%/yr appreciation is projected to add $44,896 to the asset's value over five years. Ziffy Mortgage approves DSCR loans (coverage 2.33) for non-U.S. residents without domestic income documentation. Consider a higher down payment to widen the monthly margin. Total projected return: $80,085.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.8% | 6.5% |
| Monthly Cash Flow | $62 | $450 |
City averages based on Arlington market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,703 |
| Total Monthly Debt Service | $1,381 |
| DSCR Ratio | 1.23x |
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.
Condo
Built in 1995
7,492 sqft lot
$N/A/sqft
$290 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76006, Arlington, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,773 (100%) |
| Owner Occupied HU | 3,188 (23.1%) |
| Renter Occupied HU | 9,540 (69.3%) |
| Vacant Housing Units | 1,045 ( 7.6%) |
| Median Home Value | $336,545 |
| Average Home Value | $355,682 |
Housing Distribution
Address Breakdown
Residential
12,947
Single Family
3,563
Multi-Family
9,384
Businesses
940
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
Condo
Built in 1995
7,492 sqft lot
$N/A/sqft
$290 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76006, Arlington, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,773 (100%) |
| Owner Occupied HU | 3,188 (23.1%) |
| Renter Occupied HU | 9,540 (69.3%) |
| Vacant Housing Units | 1,045 ( 7.6%) |
| Median Home Value | $336,545 |
| Average Home Value | $355,682 |
Housing Distribution
Address Breakdown
Residential
12,947
Single Family
3,563
Multi-Family
9,384
Businesses
940
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: George Clift • Ebby Halliday Property Mgmt
Mls Name: NTREIS
Mls ID: #20970692
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.