2323 Torrington Dr APT CArlingtonTX76012
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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
Investment Highlights
Investment property for sale in Arlington at 2323 Torrington Dr APT C, Arlington, TX, 76012 uses $62,985 cash to close to unlock $1,378/yr annual cash flow and $115/mo monthly cash flow. Total monthly income runs $1,832/mo, and a $930/mo payment keeps the spread at $115/mo. Purchase price stands at $190,000, and rental yield measures 11.57% with $1,832/mo rent. Return on cash invested shows 22.1% in year one, and 5% annual appreciation builds toward $52,494 over five years. Five-year ROI reaches 118.3% and total cumulative return in cash records $74,508. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,832/mo property income covering a $930/mo payment rather than investor’s personal income.
Condo
Built in 1981
2,178 sqft lot
$N/A/sqft
$300 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76012, Arlington, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,027 (100%) |
| Owner Occupied HU | 6,690 (60.7%) |
| Renter Occupied HU | 3,808 (34.5%) |
| Vacant Housing Units | 529 ( 4.8%) |
| Median Home Value | $347,932 |
| Average Home Value | $380,864 |
Housing Distribution
Address Breakdown
Residential
10,579
Single Family
9,161
Multi-Family
1,418
Businesses
1,101
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Listed by: Chad Logan • Fathom Realty
Mls Name: NTREIS
Mls ID: #21049793
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.