2330 Kennington Dr APT CArlingtonTX76012
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowNot flashy, but dependably profitable, 2330 Kennington Dr APT C, Arlington, TX, 76012 in Arlington is listed at $192,000 and delivers $1,918/mo in rent and $222/mo in net monthly cash flow. The 11.98% yield and 2.22 DSCR provide the underwriting comfort Ziffy Mortgage needs to approve a DSCR loan without W-2 or tax-return documentation. Projected 5% annual appreciation adds $53,046 over five years, and $1,768/yr in principal reduction supplements cash return. Total projected cumulative return: $89,400.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12% | 6.5% |
| Monthly Cash Flow | $222 | $450 |
City averages based on Arlington market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,918 |
| Total Monthly Debt Service | $1,619 |
| DSCR Ratio | 1.18x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1981
2,570 sqft lot
$N/A/sqft
$330 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
Nearby investment properties with comparable rents
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
Condo
Built in 1981
2,570 sqft lot
$N/A/sqft
$330 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Wendy Smith • Ebby Halliday, REALTORS
Mls Name: NTREIS
Mls ID: #20972589
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.