2305 Basil Dr APT D101ArlingtonTX76006
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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 2305 Basil Dr APT D101, Arlington, TX, 76006 generates $915/mo in rent, after a $578/mo payment. Total monthly income is $915/mo. Return on cash invested sits at 12.35% in year one, and rental yield is 9.31% on a $118,000 entry. Equity gained on principal adds $761/yr, while 5% annual appreciation builds toward $32,601 over five years. Five-year ROI reaches 67.13% and total cumulative return in cash sums $26,259. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $915/mo property income rather than buyer’s personal income.
Condo
Built in 1981
1,785 sqft lot
$N/A/sqft
$322 monthly HOA
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 |
Housing Distribution
Address Breakdown
Residential
12,947
Single Family
3,563
Multi-Family
9,384
Businesses
940
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Listed by: Phil Lomax • Engel & Voelkers Dallas-FLMnd
Mls Name: NTREIS
Mls ID: #21062517
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.