2317 Perkins PlArlingtonTX76016
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Nearby investment properties with comparable prices
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
Investment Highlights
Rental property for sale in Arlington at 2317 Perkins Pl, Arlington, TX, 76016 priced at $405,000 converts $5,063/mo rent into $1,944/mo cash flow after a $1,982/mo obligation. Total monthly income equals $5,063/mo, and annual cash flow totals $23,328/yr on $134,258 invested. Return on cash invested prints 37.28% in year one, and rental yield reads 15% against a $405,000 entry. Equity gained on principal adds $2,613/yr, while 5% annual appreciation compiles into $111,894 by year five. Five-year ROI reaches 197.99% and total cumulative return in cash sums $265,814. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,063/mo property income covering a $1,982/mo payment, not borrower’s personal income.
Single Family
Built in 1995
8,973 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76016, Arlington, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
12,051
Single Family
11,257
Multi-Family
794
Businesses
505
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Listed by: Michelle Lee • Competitive Edge Realty LLC
Mls Name: NTREIS
Mls ID: #20678719
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.