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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 2101 Rainbow Dr APT 4314, Arlington, TX, 76011 generates $1,734/mo in rent, after a $974/mo payment. Total monthly income is $1,734/mo. Return on cash invested sits at 18.74% in year one, and rental yield is 10.46% on a $199,000 entry. Equity gained on principal adds $1,284/yr, while 5% annual appreciation builds toward $54,980 over five years. Five-year ROI reaches 100.35% and total cumulative return in cash sums $66,198. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,734/mo property income rather than buyer’s personal income.
Condo
Built in 1983
3,049 sqft lot
$N/A/sqft
$383 monthly HOA
Neighborhood data shown for ZIP Code: 76011, Arlington, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,613 (100%) |
| Owner Occupied HU | 2,254 (17.9%) |
| Renter Occupied HU | 9,037 (71.6%) |
| Vacant Housing Units | 1,322 (10.5%) |
| Median Home Value | $327,656 |
| Average Home Value | $329,449 |
Residential
11,915
Single Family
3,854
Multi-Family
8,061
Businesses
2,003
Date | Event | Price |
|---|---|---|
| 2024-08-08 | Listed for sale | $199,000 |
| 2024-07-01 | Listing removed | N/A |
| 2024-06-07 | Price change | $210,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2016-10-15 | $1193.44 | 2.19% | $85,832 | 8.24% |
| 2015-10-15 | $1167.82 | N/A | $79,300 | N/A |
| 2014-10-15 | $1167.82 | N/A | $79,300 | N/A |
Listed by: Chris Craig • Heart Meets Home
Mls Name: NTREIS
Mls ID: #20698050
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.
