2307 Balsam Dr APT L205ArlingtonTX76006
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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
Investment property for sale in Arlington at 2307 Balsam Dr APT L205, Arlington, TX, 76006 earns $82/mo cash flow from $1,219/mo rent with a $783/mo payment. Total monthly income totals $1,219/mo, and annual cash flow totals $979/yr on $53,007 capital. ROI tracks 21.76% on current figures, and rental yield reads 9.15% at a $159,900 purchase. Equity gained on principal adds $1,032/yr, and 5% annual appreciation supports $44,177 over five years. Five-year ROI reaches 114.02% and total cumulative return in cash sums $60,438. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,219/mo property income instead of your personal income.
Condo
Built in 1983
2,744 sqft lot
$N/A/sqft
No 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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