217 Amber Ridge DrArlingtonTX76002
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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
Investment property for sale in Arlington at 217 Amber Ridge Dr, Arlington, TX, 76002 offers a 10.27% rental yield on a $365,000 purchase with $3,124/mo rent. Total monthly income registers $3,124/mo, and a $1,786/mo payment leaves $374/mo available for distribution. Annual cash flow reaches $4,493/yr on $120,998 to close, and return on cash invested stands at 23.62% in year one. Equity gained on principal adds $2,355/yr while 5% annual appreciation supports $100,843 over five years. Portfolio math shows five-year ROI at 124.54% and total cumulative return in cash at $150,691. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,124/mo property income against a $1,786/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1998
7,013 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76002, Arlington, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,667 (100%) |
| Owner Occupied HU | 8,979 (77.0%) |
| Renter Occupied HU | 2,410 (20.7%) |
| Vacant Housing Units | 278 ( 2.4%) |
| Median Home Value | $352,589 |
| Average Home Value | $404,490 |
Housing Distribution
Address Breakdown
Residential
11,312
Single Family
10,633
Multi-Family
679
Businesses
186
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Listed by: Sarah Thornton • Redfin Corporation
Mls Name: NTREIS
Mls ID: #20819487
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.