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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 2311 Balsam Dr APT H211, Arlington, TX, 76006 uses $51,051 cash to close to unlock $2,372/yr annual cash flow and $198/mo monthly cash flow. Total monthly income runs $1,709/mo, and a $754/mo payment keeps the spread at $198/mo. Purchase price stands at $154,000, and rental yield measures 13.32% with $1,709/mo rent. Return on cash invested shows 24.55% in year one, and 5% annual appreciation builds toward $42,547 over five years. Five-year ROI reaches 132.55% and total cumulative return in cash records $67,670. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,709/mo property income covering a $754/mo payment rather than investor’s personal income.
Condo
Built in 1981
2,395 sqft lot
$N/A/sqft
$416 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 |
|---|---|---|
| 2024-10-09 | Price change | $154,000 |
| 2024-09-30 | Listed for sale | $159,000 |
| 2024-09-14 | Listing removed | $159,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2016-10-15 | $1462.69 | 19.26% | $54,957 | 18.19% |
| 2015-10-15 | $1226.44 | N/A | $46,500 | N/A |
| 2014-10-15 | $1226.44 | N/A | $46,500 | N/A |
Listed by: Marsha Ashlock • Visions Realty & Investments
Mls Name: NTREIS
Mls ID: #20647148
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.
