








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 1650 Ascension Bluff Dr APT 349, Arlington, TX, 76006 offers a 12.58% rental yield on a $162,500 purchase with $1,703/mo rent. Total monthly income registers $1,703/mo, and a $795/mo payment leaves $258/mo available for distribution. Annual cash flow reaches $3,093/yr on $53,869 to close, and return on cash invested stands at 25.65% in year one. Equity gained on principal adds $1,049/yr while 5% annual appreciation supports $44,896 over five years. Portfolio math shows five-year ROI at 137.19% and total cumulative return in cash at $73,902. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,703/mo property income against a $795/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1995
7,492 sqft lot
$N/A/sqft
$290 monthly HOA
Neighborhood data shown for ZIP Code: 76006, Arlington, TX area.
| 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 |
Residential
12,947
Single Family
3,563
Multi-Family
9,384
Businesses
940
Date | Event | Price |
|---|---|---|
| 2025-07-07 | Listed for sale | $162,500 |
| 2025-05-18 | Listing removed | $190,000 |
| 2025-02-05 | Price change | $190,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2016-07-07 | $3499.33 | 35.94% | $131,479 | 34.71% |
| 2015-07-07 | $2574.21 | 23.08% | $97,600 | 23.08% |
| 2014-07-07 | $2091.53 | N/A | $79,300 | N/A |



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.