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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% |
Rental property for sale in Arlington at 2311 Basil Dr APT C109, Arlington, TX, 76006 generates $1,690/mo in rent and, after a $734/mo payment, leaves $249/mo in cash flow. Total monthly income is $1,690/mo, and annual cash flow is $2,982/yr on $49,725 invested. Return on cash invested sits at 25.91% in year one, and rental yield is 13.52% on a $150,000 entry. Equity gained on principal adds $968/yr, while 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 139.52% and total cumulative return in cash sums $69,378. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,690/mo property income rather than buyer’s personal income.
Condo
Built in 1981
2,178 sqft lot
$N/A/sqft
$375 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 |
|---|---|---|
| 2024-12-10 | Listed for sale | $150,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2016-12-27 | $842.05 | -3.06% | $51,465 | 20.53% |
| 2015-12-27 | $868.67 | N/A | $42,700 | N/A |
| 2014-12-27 | $868.67 | N/A | $42,700 | N/A |
Listed by: April Parker • RE/MAX Cross Country
Mls Name: NTREIS
Mls ID: #20790343
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.
