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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 C302, Arlington, TX, 76006 generates $1,253/mo in rent and, after a $516/mo payment, leaves $314/mo in cash flow. Total monthly income is $1,253/mo, and annual cash flow is $3,770/yr on $34,973 invested. Return on cash invested sits at 30.69% in year one, and rental yield is 14.25% on a $105,500 entry. Equity gained on principal adds $681/yr, while 5% annual appreciation builds toward $29,148 over five years. Five-year ROI reaches 164.33% and total cumulative return in cash sums $57,471. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,253/mo property income rather than buyer’s personal income.
Condo
Built in 1981
1,306 sqft lot
$N/A/sqft
$189 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 |
|---|---|---|
| 2024-12-02 | Listed for sale | $105,500 |
| 2022-12-15 | Sold | N/A |
| 2022-11-26 | Pending sale | $86,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2016-12-27 | $964.88 | 28.36% | $36,253 | 27.20% |
| 2015-12-27 | $751.69 | N/A | $28,500 | N/A |
| 2014-12-27 | $751.69 | N/A | $28,500 | N/A |
Listed by: Christian Martinez • Ultima Real Estate
Mls Name: NTREIS
Mls ID: #20788969
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.
