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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 2300 Balsam Dr APT G306, Arlington, TX, 76006 generates $1,253/mo in rent and, after a $685/mo payment, leaves $32/mo in cash flow. Total monthly income is $1,253/mo, and annual cash flow is $380/yr on $46,410 invested. Return on cash invested sits at 20.73% in year one, and rental yield is 10.74% on a $140,000 entry. Equity gained on principal adds $903/yr, while 5% annual appreciation builds toward $38,679 over five years. Five-year ROI reaches 110.58% and total cumulative return in cash sums $51,322. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,253/mo property income rather than buyer’s personal income.
Condo
Built in 1981
1,306 sqft lot
$N/A/sqft
$226 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 |
|---|---|---|
| 2024-12-11 | Listed for sale | $140,000 |
| 2024-04-14 | Listing removed | N/A |
| 2024-03-19 | Listed for rent | $995 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2016-02-12 | $964.88 | 28.36% | $36,253 | 27.20% |
| 2015-02-12 | $751.69 | N/A | $28,500 | N/A |
| 2014-02-12 | $751.69 | N/A | $28,500 | N/A |
Listed by: Joseph Martinez • Kenneth Jones Real Estate
Mls Name: NTREIS
Mls ID: #20795407
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.
