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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% |
Investment property for sale in Arlington at 2620 Colleen Dr, Arlington, TX, 76016 with 5% annual appreciation on a $315,000 basis while $2,538/mo rent supports operations. Total monthly income totals $2,538/mo and a $1,542/mo payment preserves $97/mo for cash returns. Annual cash flow comes to $1,160/yr on $104,423 deployed, and return on cash invested reaches 21.02% in year one. Equity gained on principal adds $2,033/yr, and five-year appreciation sums $87,029 alongside rental yield of 9.67%. Five-year ROI measures 110.85% and total cumulative return in cash totals $115,757.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,538/mo property income versus a $1,542/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1973
7,448 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76016, Arlington, TX area.
| 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 |
Residential
12,051
Single Family
11,257
Multi-Family
794
Businesses
505
Date | Event | Price |
|---|---|---|
| 2025-09-11 | Listed for sale | $315,000 |
| 2025-08-13 | Listing removed | $315,000 |
| 2025-05-14 | Price change | $315,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-09-12 | $7641.98 | 12.98% | $349,655 | 14.06% |
| 2023-09-12 | $6764.04 | 13.91% | $306,541 | 12.30% |
| 2022-09-12 | $5937.82 | 21.52% | $272,958 | 43.24% |
Listed by: Bart Thrasher • Dave Perry Miller Real Estate
Mls Name: NTREIS
Mls ID: #21057923
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.
