2231 Park Springs CtArlingtonTX76013
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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
Rental property for sale in Arlington at 2231 Park Springs Ct, Arlington, TX, 76013 priced at $205,000 pairs $1,382/mo rent with after a $1,003/mo payment. Total monthly income equals $1,382/mo. Return on cash invested is 15.5% in year one, and rental yield stands at 8.09% on a $205,000 basis. Equity gained on principal adds $1,323/yr, and 5% annual appreciation accumulates to $56,638 by year five. Five-year ROI measures 81.55% and total cumulative return in cash reaches $55,422. For financing, Ziffy Mortgage’s DSCR program evaluates $1,382/mo property income against a $1,003/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1978
6,621 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76013, Arlington, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,640 (100%) |
| Owner Occupied HU | 6,970 (47.6%) |
| Renter Occupied HU | 6,956 (47.5%) |
| Vacant Housing Units | 714 ( 4.9%) |
| Median Home Value | $344,661 |
| Average Home Value | $366,792 |
Housing Distribution
Address Breakdown
Residential
13,908
Single Family
9,694
Multi-Family
4,214
Businesses
1,491
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Listed by: O'sheanna Pitcher • EXIT Realty Elite
Mls Name: NTREIS
Mls ID: #20882423
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.