2300 Balsam Dr APT G302, Arlington, TX, 76006 | $61/mo Cash Flow

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2300 Balsam Dr APT G302, Arlington, TX, 76006 | $61/mo Cash Flow | Ziffy

For Sale

Listed for sale 6 days ago

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Arlington at 2300 Balsam Dr APT G302, Arlington, TX, 76006 generates $790/mo in rent and, after a $502/mo payment, leaves $61/mo in cash flow. Total monthly income is $790/mo, and annual cash flow is $729/yr on $33,979 invested. Return on cash invested sits at 22.06% in year one, and rental yield is 9.25% on a $102,500 entry. Equity gained on principal adds $661/yr, while 5% annual appreciation builds toward $28,319 over five years. Five-year ROI reaches 115.62% and total cumulative return in cash sums $39,285. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $790/mo property income rather than buyer’s personal income.

Condo

Built in 1981

1,132 sqft lot

$N/A/sqft

No HOA

More details about the property

Movie in ready condominium. This charming one bedroom condo offers an updated kitchen with granite countertops, lots of cabinet storage and updated stainless steal appliances. Refrigerator and Washer & Dryer stays with the property. Open layout, spacious living area, private balcony to enjoy your morning coffee, also filtering natural light throughout the day. Bathroom features new cabinets and granite countertops. Fresh paint, new blinds ready for its new owner. Prime location right off of 360 and minutes from I20, and I30. Lots of amenities to enjoy, pool, tennis courts, workout at the fitness center or relax in the sauna after a long day, enjoy entertainment at AT&T stadium, Globe Life Field, Texas live and much more. Low maintenance living, lock and go property makes this condo a gem for the first time buyer, investor, or someone ready to downsize. MUST SEE!

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