2311 Basil Dr APT C306, Arlington, TX, 76006 | $55/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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2311 Basil Dr APT C306, Arlington, TX, 76006 | $55/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Arlington at 2311 Basil Dr APT C306, Arlington, TX, 76006 listed at $112,000 pairs $851/mo rent with a $548/mo payment to leave $55/mo cash flow. Total monthly income runs $851/mo, and annual cash flow reaches $657/yr on $37,128 cash to close. Return on cash invested measures 21.68% in year one, and rental yield registers 9.12% at a $112,000 basis. Equity gained on principal adds $723/yr, and annual property appreciation at 5% supports $30,944 by year five. Five-year ROI tracks 113.62% and total cumulative return in cash totals $42,183. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $851/mo property income relative to a $548/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 1981

1,176 sqft lot

$N/A/sqft

No HOA

More details about the property

This beautifully updated condo offers the perfect blend of comfort and unbeatable location, just minutes from Six Flags, Globe Life Park, AT&T Stadium, and premier shopping and dining. Step inside to discover an airy, light-filled space with modern vinyl plank flooring throughout no carpet here! The updated kitchen features stainless steel appliances, subway tile backsplash, and a cozy breakfast nook perfect for morning coffee or casual meals. The bedroom includes an ensuite bathroom and walk-in closet. Enjoy the comfort and energy efficiency of brand-new windows throughout. Step out to your own private balcony nestled among mature trees a perfect retreat for relaxing outdoors. Community amenities abound with multiple pools, hot tubs, a fitness center, sauna, and a tennis court all just steps from your door. Whether you're looking for a low-maintenance lifestyle or a fantastic investment opportunity, this condo has it all. Don't miss your chance to live in one of Arlingtons most convenient and vibrant locations!

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