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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% |
Investment property for sale in Arlington at 2308 Megan Way, Arlington, TX, 76016 listed at $699,999 pairs $7,286/mo rent with a $3,426/mo payment to leave $2,308/mo cash flow. Total monthly income runs $7,286/mo, and annual cash flow reaches $27,700/yr on $230,300 cash to close. Return on cash invested measures 32.09% in year one, and rental yield registers 12.49% at a $699,999 basis. Equity gained on principal adds $4,517/yr, and annual property appreciation at 5% supports $193,397 by year five. Five-year ROI tracks 169.35% and total cumulative return in cash totals $390,003. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $7,286/mo property income relative to a $3,426/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1998
9,888 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76016, Arlington, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,021 (100%) |
| Owner Occupied HU | 9,426 (78.4%) |
| Renter Occupied HU | 2,230 (18.6%) |
| Vacant Housing Units | 365 ( 3.0%) |
| Median Home Value | $376,342 |
| Average Home Value | $415,726 |
Residential
12,051
Single Family
11,257
Multi-Family
794
Businesses
505
Date | Event | Price |
|---|---|---|
| 2024-08-13 | Listed for sale | $699,999 |
| 2024-08-02 | Price change | $4,250 |
| 2024-06-28 | Listed for rent | $4,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-13 | $6746.19 | -12.29% | $552,925 | 33.64% |
| 2022-08-13 | $7691.39 | 1.06% | $413,752 | 15.38% |
| 2021-08-13 | $7610.90 | -10.71% | $358,607 | N/A |
Listed by: Nav Singh • Signature Real Estate Group
Mls Name: NTREIS
Mls ID: #20701232
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.
