2301 Springmere DrArlingtonTX76012
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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 2301 Springmere Dr, Arlington, TX, 76012 generates $2,323/mo in rent and, after a $1,394/mo payment, leaves $297/mo in cash flow. Total monthly income is $2,323/mo, and annual cash flow is $3,570/yr on $94,444 invested. Return on cash invested sits at 23.69% in year one, and rental yield is 9.78% on a $284,900 entry. Equity gained on principal adds $1,838/yr, while 5% annual appreciation builds toward $78,713 over five years. Five-year ROI reaches 124.34% and total cumulative return in cash sums $117,431. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,323/mo property income rather than buyer’s personal income.
Single Family
Built in 2003
5,619 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76012, Arlington, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,027 (100%) |
| Owner Occupied HU | 6,690 (60.7%) |
| Renter Occupied HU | 3,808 (34.5%) |
| Vacant Housing Units | 529 ( 4.8%) |
| Median Home Value | $347,932 |
| Average Home Value | $380,864 |
Housing Distribution
Address Breakdown
Residential
10,579
Single Family
9,161
Multi-Family
1,418
Businesses
1,101
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